Award

Back in Balance Evaluation

O F W A T

This public procurement record has 1 release in its history.

Award

30 Sep 2024 at 09:27

Award Notice
Summary of the contracting process

The procurement process, titled "Back in Balance Evaluation," was managed by Ofwat, focusing on consulting services for water-supply and waste consultancy (CPV: 71800000). Located primarily in England and Wales, this process involved a selective procurement method through a call-off from a framework agreement. The tender, valued at £50,000, progressed to the award stage with Baringa Services Ltd being selected as the supplier. Key dates included the end of the tender period on 15 March 2024, with the contract period spanning from 15 April 2024 to 30 July 2024. The award was officially published on 30 September 2024.

This tender represents substantial opportunities for businesses specialising in consulting services, particularly those with expertise in financial evaluation and policy impact assessment within the water sector. SMEs are well-suited to compete in such procurements, thanks to Ofwat's emphasis on inclusive and transparent practices. Companies with robust analytical capabilities and experience in regulatory environments will find this contract beneficial for expanding their portfolios and demonstrating their capacity to influence key industry policies significantly.

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Notice Information

Notice Title

Back in Balance Evaluation

Notice Description

We are seeking an evaluation of the policies put forward by Ofwat in PR19 designed to encourage companies to take the interests of customers into account when determining financial structure, particularly where gearing levels are materially above assumptions that underpin price determinations and to transparently demonstrate how their policies relating to dividends and performance-related executive pay take account of delivery for customers. We would like a report that seeks to provide insights and evidence of the issues highlighted above. This report should have an executive summary as well as the main report and may use appendices to present any evidence/references that has been collected. This report will need to present an overall evidence-based narrative, highlighting where the evidence does (and does not) exist that our policies had their intended impacts, drawing on in-house Ofwat evaluation expertise as required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-eca011d9-6348-4dfc-906d-f4d86748edab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/affb6008-1ca3-478d-b446-475633870927
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71800000 - Consulting services for water-supply and waste consultancy

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Sep 20241 years ago
Submission Deadline
15 Mar 2024Expired
Future Notice Date
Not specified
Award Date
22 Mar 20241 years ago
Contract Period
14 Apr 2024 - 30 Jul 2024 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
O F W A T
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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England), TLL Wales
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

BARINGA SERVICES

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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