Award

Cost Modelling and Implementation of Efficiency Assessment in Wastewater

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 1 release in its history.

Award

20 Aug 2018 at 14:24

Award Notice
Summary of the contracting process

The WATER SERVICES REGULATION AUTHORITY is currently in the Award stage of the procurement process for the tender titled "Cost Modelling and Implementation of Efficiency Assessment in Wastewater." This project, classified under the business and management consultancy services category (CPV 79410000), involves delivering high-quality analysis and recommendations for econometric cost models associated with bioresources and the wastewater network. The contract period runs from 31st July 2018 to 31st October 2018. VIVID ECONOMICS LTD was awarded the contract worth £59,460 on 26th July 2018, following a selective procurement method via a framework agreement, with the tender period concluding on 19th July 2018.

This tender presents significant opportunities for businesses, especially those specialising in consultancy and analytical services within the water sector. SMEs with a focus on econometric modelling, cost assessment, or wastewater management will find this project particularly relevant. The engagement can help firms enhance their portfolios by showcasing their expertise in delivering strategic recommendations to regulatory bodies. This contract's focus on financial efficiency and regulatory compliance creates a competitive landscape for businesses eager to support the water industry in meeting its operational goals.

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Notice Information

Notice Title

Cost Modelling and Implementation of Efficiency Assessment in Wastewater

Notice Description

The objectives of this work are to: a) Provide recommendations for a final set of econometric cost models for the bioresources and wastewater network plus price controls of PR19. b) Provide recommendations for an efficient cost baselines for the bioresources and wastewater network plus price controls, based on the recommended suite of econometric models. c) To advise if there are material factors that are not fully captured by the models and may require an adjustment of cost outside the models (upwards or downwards). d) To consider how to use business plan information to inform our efficient cost baselines and work with Ofwat during the beginning of the Initial Assessment of Business Plans (IAP) to implement the assessment. The Contractor will be required to deliver high quality analysis and recommendations to inform our decisions. Additional information: For further information, please contact: procurement@ofwat.gsi.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fcdc7c9b-67c6-4ba8-8df1-8f00964dbf5a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b6c6e6cd-66b2-475b-9283-4d14a7b172ce
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

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
£59,460 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Aug 20187 years ago
Submission Deadline
19 Jul 2018Expired
Future Notice Date
Not specified
Award Date
25 Jul 20187 years ago
Contract Period
30 Jul 2018 - 31 Oct 2018 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

VIVID ECONOMICS

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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