Award

Ofwat and Water UK: Economic Impact of COVID-19 Pandemic on the Water Sector

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Award

03 Sep 2020 at 15:42

Award Notice
Summary of the contracting process

The procurement process involves the Water Services Regulation Authority (Ofwat) seeking consultancy services for an analysis project titled "Economic Impact of COVID-19 Pandemic on the Water Sector." This project falls under the general management consultancy services category, with a contract value of £117,762. The tender was initially planned to conclude on 26th June 2020, with the contract period set to run from 2nd July 2020 to 28th September 2020, affecting delivery addresses in the West Midlands and London. The procurement method employed was an open procedure, indicating a competitive tendering process.

This tender presents significant opportunities for businesses specialising in management consultancy, particularly those experienced in economic analysis, especially related to the water sector and the impacts of unprecedented events like COVID-19. Small and medium-sized enterprises (SMEs) are encouraged to compete, as the project aims to explore various scenarios and impacts, which could showcase their expertise in navigating complex regulatory environments and providing innovative solutions. Businesses with a strong background in economic forecasting and consultancy services would be particularly well-suited for this opportunity.

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Notice Information

Notice Title

Ofwat and Water UK: Economic Impact of COVID-19 Pandemic on the Water Sector

Notice Description

The scope of this project encompasses three elements: Developing a series of scenarios covering economic and social/behavioural changes arising from COVID-19 Identifying which aspects of water company businesses may be impacted (positively or negatively) in these scenarios, and assessing these impacts on water companies. Projecting forward the scenarios and potential impacts on water companies to test the challenges and opportunities to deliver against the PR19 settlement under these scenarios. The aim of this work is to understand in what situations water companies would be placed under greater stress due to the impact of COVID-19, what opportunities the new situation might present to them and what the overall effect in each considered scenario would be. This includes both financial elements as well as meeting outcome objectives. It should capture the range of options that water companies have available to them to respond to those scenarios, identify where there may be countervailing benefits or opportunities to companies, and highlight where regulation is a constraint. This work can then be used to understand areas to monitor in the future. More detail on each element is provided in the ITT: it is envisaged that the first two elements will need to be carried out in parallel in order to meet the project timeline and for both to contribute to the third element. The project will be overseen by an Advisory Group comprising of Ofwat, Water UK and three or four water companies. Each member of the Advisory Group may provide different feedback. It is anticipated that the Supplier will need to manage potential differences in views between Ofwat and Water UK and, where they remain, reflect those differences in the final report. The Supplier is not required to align with the position of either party but to present its own views which may or may not mirror those of the parties. Additional information: For further information,please contact procurement@ofwat.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bb314a45-40a8-403b-bc2d-82c6b8884904
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7ab7e371-9082-4b79-9eae-999b4dc748dd
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£117,762 £100K-£500K
Lots Value
Not specified
Awards Value
£117,762 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Sep 20205 years ago
Submission Deadline
26 Jun 2020Expired
Future Notice Date
Not specified
Award Date
30 Jun 20205 years ago
Contract Period
1 Jul 2020 - 28 Sep 2020 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WATER SERVICES REGULATION AUTHORITY (OFWAT)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

Supplier Information

Number of Suppliers
1
Supplier Name

FRONTIER ECONOMICS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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