Award

PR19 - Taxation

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

22 Mar 2017 at 16:19

Award

02 Mar 2017 at 14:40

Summary of the contracting process

The procurement process titled "PR19 - Taxation" is initiated by the Water Services Regulation Authority, based in Birmingham, England. This procurement falls under the industry category of business and management consultancy services. The tender period ended on 16th November 2016, with the contract period spanning from 29th November 2016 to 31st March 2017. The procurement method is classified as 'Other', and the current stage is complete, with an award made to Deloitte LLP for a contract valued at £74,287, active as of 28th November 2016.

This tender presents significant opportunities for businesses focused on regulatory consultancy, particularly those with expertise in taxation and its implications for regulated companies. Small and medium-sized enterprises (SMEs) with a deep understanding of the regulatory frameworks and relevant tax legislation could find this a fruitful area for competition. The requirement for proposals that align with Ofwat’s objectives highlights the necessity for innovative and straightforward solutions, making it essential for prospective bidders to demonstrate both technical expertise and a capacity to devise compliant methodologies.

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Notice Title

PR19 - Taxation

Notice Description

We are in the process of developing our methodology for PR19. We plan to consult on our methodology in July 2017. To aid us in developing that methodology we are seeking advice and recommendations from the Contractors on the basis on which we should/could calculate future corporation tax allowances for regulated companies and the design and implementation of that future policy. The proposals for any changes to our methodology should demonstrate how they achieve Ofwat's objectives that they are in the best interests of customers. The proposals should also be straight forward to implement and the approach should be proportionate and consistent with the rest of the regulatory framework and should not place a disproportionate burden on companies. We have set out below a number of key questions that we think that the Contractor should consider however we would also welcome further suggestions from the Contractor as to any other issues that should be considered as part of this work. In undertaking this work the Contractor will need to have an understanding of both the regulatory regime in which Ofwat operates and a detailed knowledge of both existing tax legislation and proposed changes to it. The Contractor will therefore need to demonstrate that they can provide relevant expertise in both areas from within their own organisation or by partnering with an appropriately qualified third party.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-feaf92d8-46f5-4554-9857-c1fd0286864b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0ddaa224-48b5-4d3b-9166-2c9138b4f581
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
£74,287 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Mar 20178 years ago
Submission Deadline
16 Nov 2016Expired
Future Notice Date
Not specified
Award Date
28 Nov 20169 years ago
Contract Period
29 Nov 2016 - 31 Mar 2017 1-6 months
Recurrence
Not specified

Notice Status

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

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

DELOITTE

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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