Award

Performance Commitments and Outcome Delivery Incentive Rates

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

22 Mar 2017 at 16:21

Award Notice
Award

02 Mar 2017 at 15:02

Award Notice
Summary of the contracting process

The WATER SERVICES REGULATION AUTHORITY is procuring consultancy services titled "Performance Commitments and Outcome Delivery Incentive Rates" as part of their initiatives to develop the outcomes framework for PR19. Located in Birmingham, England, this tender falls under the business and management consultancy services category (CPV code 79410000) and has recently been awarded as of March 2, 2017. The procurement method used is classified as "Other," and the contract period commenced on November 21, 2016, concluding on March 3, 2017. The tender period ended on November 3, 2016.

This contracting opportunity is ideal for small and medium-sized enterprises (SMEs) involved in consultancy, particularly those experienced in economic analysis, regulatory frameworks, or the water sector. Businesses keen on contributing to industry-standard performance commitments and incentive rate methodologies will find this tender an attractive chance to showcase their expertise and grow their clientele. Engaging in such high-profile projects can enhance a firm’s reputation and lead to further public sector contracts.

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Notice Information

Notice Title

Performance Commitments and Outcome Delivery Incentive Rates

Notice Description

The objective of this work is to inform Ofwat's development of the outcomes framework for PR19. In particular, the objective is to inform the rules and guidance we give to companies on setting PC levels and ODIs in the PR19 methodology statement. The work must take account of our May 2016 customer engagement policy statement for PR19 and the new information that will be available at PR19 (for more details, see the background section). The work involves reviewing the use of stated preference WTP approaches to setting PC levels and ODIs; identifying alternative approaches to setting PC levels and ODIs, including industry-standard ODIs; defining assessment criteria for approaches to setting PC levels and ODIs; and assessing the approaches and identify a short-list. In carrying out the work the Contractor will need to consider the specific questions outlined in section 3.2 of the ITT. We would welcome further suggestions from Contractors on what else should be considered as part of this work.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f6fa845c-d49f-4d51-b043-68c28717d554
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fc356d47-cc97-4d30-9adc-dea1bbca681e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£59,664 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Mar 20178 years ago
Submission Deadline
3 Nov 2016Expired
Future Notice Date
Not specified
Award Date
11 Nov 20169 years ago
Contract Period
21 Nov 2016 - 3 Mar 2017 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
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

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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