This public procurement record has 2 releases in its history.

Award

29 Jun 2021 at 09:15

Tender

16 Mar 2021 at 14:08

Summary of the contracting process

The Ofwat Consultancy Framework, initiated by the Water Services Regulation Authority (Ofwat), focuses on consulting services for water supply and waste consultancy. This tender is currently in the active stage, originally starting in June 2021, with the procurement method classified as an open procedure. Key deadlines include the submission end date on 16 April 2021, and the award period commencing immediately after. The framework is designed for a maximum duration of four years, allowing various service categories including economics, environment, financial consulting, and project management, all aimed at enhancing sector expertise.

This procurement opportunity presents substantial growth prospects for businesses in the consulting sector, particularly those specialising in water management, environmental assessments, financial and regulatory advisory services. Companies that can provide innovative solutions, particularly in economics and engineering, would be well-positioned to compete. With a framework poised for considerable contract value, successful bidders can establish long-term partnerships with a key regulatory body in the UK's water industry, paving the way for sustained business development and expertise recognition.

How relevant is this notice?

Notice Title

Ofwat Consultancy Framework

Notice Description

Ofwat will be creating a Consultancy Framework, designed to allow access to expertise relating to the industry that we regulate. The Ofwat Consultancy Framework will be valid for 3 years plus one year extension option taking it to a maximum of 4 years and will start in June 2021.

Lot Information

Environment

Services in respect to the environment. During the term of the framework agreement, Ofwat will have a requirement for services relating to the environment. This may involve advice and assessment of specific aspects of company annual performance against their environmental commitments. Such requirements include the following: - Environmental assessment and economics - Water and wastewater management - Climate change mitigation and adaptation

Renewal: 12 months

Water Engineering, Science and Technology

This Lot relates to Water Engineering, Science and Technology technical services. During the term of the framework agreement Ofwat will have requirements for services relating to water engineering, science and technology and it may also include support related to the following: - Technical and cost assessment of company business plan proposals - Technical engineering assessments of company and other stakeholder proposals - Thames Tideway Tunnel (TTT) - New Innovation Schemes - The Water Regulators' Alliance for Progressing Infrastructure Development (RAPID) - Industry insights analysis - Risk assessment - Optimisation

Renewal: 12 months

Project and Programme Management

Project and Programme Management services. During the term of the framework agreement Ofwat will have requirements for services relating to project and programme management, which may include support related to the following: - Strategic project and programme management support in a policy and regulatory environment - Programme and project initiation - Risk and opportunities management analysis - Project and programme governance and assurance - Programme health checks and efficiency reviews - Knowledge transfer - Project evaluation, reviews and Post-Implementation Reviews - Change Management tools, techniques, training and strategy - Business Integration and Separation - Business analysis

Renewal: 12 months

Policy and Regulatory Development and Implementation

This lot covers services relating to Policy and Regulatory Development and Implementation as they pertain to us. During the term of the framework agreement Ofwat will have a requirement for services relating to policy and regulatory development and implementation. Such requirements could cover any of our regulatory and policy needs which include support related to: - Policy and Problem Analysis - Policy Development - Policy Implementation

Renewal: 12 months

Financial

Consultancy services relating to all aspects of corporate finance and accounting within an organisation as they pertains to us. Services may relate to establishment of suitable strategies, policies, asset management, processes and the arrangement of financial responsibilities within an organisation. Services may also be provided in support of specific projects, including complex procurements and shared services. Such requirements include the following sub-lots: - Sub-Lot 3A. General Corporate Finance Issues Services related to the provision of finance (equity and debt, including structured debt, and bank facilities) for companies. It is a specific area of finance dealing with the financial decisions corporations make and the tools as well as analysis used to make these decisions - Sub-Lot 3B. Cost of Capital & Financeability Services relating to the calculation of the efficient cost of finance incurred by a company under the assumed regulatory (notional) financing structure. It also encompasses analysis and modelling of credit metrics resulting under different scenarios for a given regulatory financial model - Sub-Lot 3C. General and Regulatory Accounting (UK & International) Services relating to the interpretation and application of Accounting Standards, changes in Accounting Standards, statutory accounting and regulatory accounting including accounting for separated businesses or separate divisions - Sub-Lot 3D. Taxation Services related to the company's tax obligations in the past, present and future. - Sub-Lot 3E. Forensic Accounting Services related to historic accounting transactions and policy which integrates accounting, auditing and investigative skills and presents the evidence in a report suitable for presentation in a court. This may also include general services on adjustments to financial or management accounts data for the purpose of analysing company performance. - Sub-Lot 3F. Pensions and Actuarial Services related to insurances and pensions and compliance, including using mathematical modelling techniques and statistical concepts to determine probability and assess risks. This sub-lot also includes services relating to the accounting for pension and insurance costs and liabilities and reflection within regulatory frameworks including price controls. - Sub-Lot 3G. Audit Work and services related to ensure compliance with the requirements of regulatory bodies and is an evaluation of an organisation, system, process, project or product. This Lot also includes audit and review of companies' systems and controls and may include audit of customer service data. Scrutiny and challenge of reported data. Auditing standards. Approach adopted by companies' statutory auditors. - Sub-Lot 3H. Cost Analysis Services on a range of methods (also called economic evaluation, cost allocation, efficiency assessment, cost-benefit analysis, or cost-effectiveness analysis) used to evaluate expenditure. - Sub-Lot 3I. Financial Modelling The development of a spreadsheet or other software tool to evaluate the impact of decisions (such as a price control), on a company's revenue, financial position and its ability to raise the necessary finance to carry on its business. Also covers services relating to the quality assurance review of such financial models that have been prepared in-house. - Sub-Lot 3J. Financial Distress Provision of services on the early warning signals of a water company that is at risk of experiencing financial distress. It also includes services and support on possible simulation exercises to test policies and approach should a financial distress/special administration circumstance occur.

Renewal: 12

Economics

Relating to all aspects of specialised economic services. During the term of the framework agreement, Ofwat will have requirements for services relating to regulatory, competition, public policy and environmental economics. Such requirements include the following sub-lots: - Sub-Lot 1A - Regulatory Economics This sub-lot category covers the following: o Cost Assessment - Economic services on a range of methods (also called economic evaluation, cost allocation, efficiency assessment, cost-benefit analysis, or cost-effectiveness analysis) o Economic Appraisal and Evaluation - Economic services on the range of mathematical techniques appropriate for the analysis of costs and other financial information appropriate in setting price controls and other types of regulation and/or analysing competition o Market Design (UK & International) - covers the history of market reform in water regulated sector and the current market arrangements in the UK. Understanding the processes that support competition at the retail level and the key challenges facing UK markets and other markets in the EU and worldwide o Behavioural Economics - understanding of the way in which businesses and individuals make decisions, the types of information used in decision making and framing of decisions and the implications of behavioural economics insights for policy development o Distributional Analysis - covers understanding measures of inequality and impacts of changes in prices or income; to analyse and understand the impact of policy on different customer groups - Sub-Lot 1B - Competition Economics for Enforcement - Sub-Lot 1C - Public Policy and Environmental Economic

Renewal: 12 months

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029c2d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014772-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, 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
£9,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£9,500,000 £1M-£10M

Notice Dates

Publication Date
29 Jun 20215 years ago
Submission Deadline
16 Apr 2021Expired
Future Notice Date
Not specified
Award Date
28 Jun 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

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
Postcode Area
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
Not specified

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
40
Supplier Names

ALVAREZ & MARSAL DISPUTES AND INVESTIGATIONS LLP

APEM

Amberside Advisors Ltd

Aqua Consultants

Baringa

Binnies UK Limited

CPC Project Services LLP

Cambridge Economic Policy Associates

Complete Strategy Ltd

Costain

CubeLynx

Deloitte LLP

Economic Consulting Associates

Ernst & Young

Europe Economics

FRP Advisory Trading Limited

FTI Consulting

First Economics

Frontier Economics

Grant Thornton UK LLP

Gridlines Group Limited

Gutteridge Haskins and Davey Ltd

HR Wallingford Ltd

Jacobs UK Ltd

KPMG LLP

London Economics

Mcc Economics Ltd

Moorhouse Consulting

Mott MacDonald

NERA UK Ltd

Ove Arup & Partners Ltd

PA CONSULTING SERVICES LTD

PA Consulting

PricewaterhouseCoopers LLP

Reckon LLP

Sia Partners

Turner and Townsend

Vivid Economics Ltd

WSP UK Limited

sustainability first

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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