Award

SRO Commercial and Financial Advisory Services

THAMES WATER UTILITIES LIMITED

This public procurement record has 2 releases in its history.

Award

08 Feb 2023 at 09:31

Tender

13 Sep 2022 at 14:29

Summary of the contracting process

Thames Water Utilities Limited has completed the award process for the procurement of Commercial and Financial Advisory Services as part of the Strategic Water Resource Options Programme. The tender aims to provide 1500 Ml/d of water to areas facing a deficit in England. This opportunity involves developing strategic resource options and progressing projects from design to construction. The contract has been awarded to KPMG LLP.

This tender by Thames Water Utilities Limited presents a significant business opportunity for firms specializing in financial management consultancy services within the services industry category. The procurement method used was a selective negotiated procedure with prior call for competition. Businesses interested in supporting water resource projects and financial management consultancy in the Thames Water region should consider engaging with this tender to explore growth opportunities.

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Notice Title

SRO Commercial and Financial Advisory Services

Notice Description

Ofwat has initiated a Strategic Water Resource Options (SRO) Programme to provide at least 1500 Ml/d of water to areas of England facing a water deficit. The SRO Programme includes multiple schemes which will be funded and assessed during AMP7 to determine the right portfolio of projects to be selected by Regional Plans ready for implementation in AMP8. Thames Water Utilities Limited (TW) is seeking to engage a Commercial and Financial Advisor (CFA) to support it in the development of several 'Strategic Resource Options', from Gate 3 (developed design, finalised feasibility, pre-planning, etc) through to construction. If during the course of this framework Thames Water identifies specialist needs and capability, Thames Water reserves the right to make a separate awards for these needs under this Framework.

Lot Information

Lot 1

Ofwat has initiated a Strategic Water Resource Options (SRO) Programme to provide at least 1500 Ml/d of water to areas of England facing a water deficit. The SRO Programme includes multiple schemes which will be funded and assessed during AMP7 to determine the right portfolio of projects to be selected by Regional Plans ready for implementation in AMP8. Thames Water Utilities Limited (TW) is seeking to engage a FCommercial and Financial Advisor (CFA) to support it in the development of several 'Strategic Resource Options', from Gate 3 (developed design, finalised feasibility, pre-planning, etc) through to construction. If during the course of this framework Thames Water identifies specialist needs and capability, Thames Water reserves the right to make a separate awards for these needs under this Framework.

Options: This lot shall run for an initial period of 3 years. The Contracting Entity reserves the right to extend this lot for a maximum further 5 years (either annually or other determined periods).

Renewal: This lot shall run for an initial period of 3 years. The Contracting Entity reserves the right to extend this lot for a maximum further 5 years (either annually or other determined periods).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03681e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003812-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

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


CPV Codes

71530000 - Construction consultancy services

71800000 - Consulting services for water-supply and waste consultancy

79411000 - General management consultancy services

79412000 - Financial management consultancy services

79418000 - Procurement consultancy services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
£3,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Feb 20233 years ago
Submission Deadline
4 Oct 2022Expired
Future Notice Date
Not specified
Award Date
3 Jan 20233 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
THAMES WATER UTILITIES LIMITED
Contact Name
Thames Water
Contact Email
procurement.support.centre@thameswater.co.uk
Contact Phone
Not specified

Buyer Location

Locality
READING
Postcode
RG1 8DB
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
TLI London, TLJ South East (England)

Local Authority
Reading
Electoral Ward
Thames
Westminster Constituency
Reading Central

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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