Tender

Business Cycle and Process

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Tender

24 Jan 2017 at 17:45

Summary of the contracting process

The Water Services Regulation Authority (Ofwat) is currently conducting a tender process titled "Business Cycle and Process," focusing on services related to corporate governance rating. This procurement, categorised under the CPV code 79212110, is set in the West Midlands and London regions of the United Kingdom. The tender period concludes on 7 February 2017, with an overall contract duration starting from 15 February 2017 and ending on 30 September 2017. With a minimum contract value of £50,000 and a total value of £70,000, this is an open procurement method under the open procedure.

This tender presents a significant opportunity for businesses specialising in corporate governance and compliance services. Businesses that can provide expertise in assessing and refining governance frameworks will find this particularly relevant. Small and medium-sized enterprises (SMEs) are encouraged to compete, as the tender is marked as suitable for such organisations. Engaging with this project could not only expand a business's portfolio but also enhance its reputation by collaborating with a prominent regulatory body like Ofwat.

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Notice Title

Business Cycle and Process

Notice Description

The overall objectives of the project are: Objective 1 - To identify the areas of work that make up our business cycle to provide Ofwat with additional assurance that its governance framework is transparent and produce a clear visual representation of our business cycle (the business cycle map). Objective 2 - Identify and document the processes and controls that need to be in place which give us assurance of delivery of the key components that make up the strategic business cycle. Objective 3 -. To review our current assurance map (high level control environment) to ensure it aligns with the identified business cycle. Objective 4 - To test current processes/controls in place to see whether they can be further streamlined and identify gaps in processes and controls, providing recommendations for filling or amending.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1c4fb7c3-7cb4-4dec-8170-d2cb7c969a8b
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79212110 - Corporate governance rating services

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jan 20179 years ago
Submission Deadline
7 Feb 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Feb 2017 - 30 Sep 2017 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WATER SERVICES REGULATION AUTHORITY (OFWAT)
Contact Name
Lena Cluxton
Contact Email
procurement@ofwat.gsi.gov.uk
Contact Phone
+44 1216447534

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England), TLI London

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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