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Economic Regulatory Services

Scottish Water

This public procurement record has 1 release in its history.

Tender

13 Dec 2023 at 10:05

Tender Notice
Summary of the contracting process

Scottish Water has issued a tender for "Economic Regulatory Services" in the research and development consultancy services category. The tender is active and seeks offers for economic consultancy services from February 2024 onwards, with the possibility of a long-term framework agreement for at least 3 years. The total value of the contract is £5,000,000 GBP. The procurement stage is in progress, with a closing date for submissions set for January 23, 2024. The location for the services is in SCOTLAND.

This tender by Scottish Water presents an opportunity for economic consultancy firms specialising in cost and efficiency benchmarking, performance measures design, and infrastructure investment appraisal. Businesses with expertise in regulated water sector advisory services are particularly well-suited to compete in this tender. The procurement method is selective, following a negotiated procedure with prior call for competition. Successful applicants will need to demonstrate financial and economic standing to support the contract value as part of the selection criteria.

How relevant is this notice?

Notice Information

Notice Title

Economic Regulatory Services

Notice Description

This notice seeks offers for economic consultancy services and support of Scottish Water's Strategy & Regulation team from February 2024, in the context of developing our medium- and long-term strategic plan for the business. This will lead to setting up a long-term framework agreement for at least 3 years with the option of extensions of 3 x 1 years extension options, with up to 4 economic consultancies. The main design and delivery of the work will be undertaken with the internal teams and these consultancies

Lot Information

Lot 1

1.Purpose This notice seeks offers for economic consultancy services and support of Scottish Water's Strategy & Regulation team from February 2024, in the context of developing our medium- and long-term strategic plan for the business. This will lead to setting up a framework agreement for initial 3 year period with 3 x 1 year extension options, with up to [4] economic consultancies. The main design and delivery of the work will be undertaken with the internal teams and these consultancies. 2.Context This involves the development of Scottish Water's medium-term (SR27) business plan alongside its long-term strategy to deliver Scotland's Water Sector Vision. Areas where Scottish Water may require expert regulatory economic support include: *Developing cost and efficiency benchmarking workstreams and helping Scottish Water develop its internal capability. This may include econometric modelling of opex, and capex, as well as broader benchmarking of performance. *Designing/developing performance measures that align with the business' strategic direction; *Providing "critical friend" challenge to the team developing Scottish Water's long-term strategy and preparing the SR27 business plan with respect to inter alia: oOur strategic cost benefit analysis tool, which has been developed in order to bring the customer perspective into our investment prioritisation process. oThe economic analysis that underpins our asset management strategy. oThe overall strength and coherence of our evidence base. *Supporting Scottish Water in identifying, assessing, and planning for responding to potential risks and opportunities in both the medium- and longer-terms, including with respect to influencing customer behaviour, managing climate change etc. In addition to the above matters, Scottish Water may require expert economic support with various other strategic and/or regulatory matters. 3.Our requirements The consultant should be able to demonstrate track records in *cost and efficiency benchmarking for regulated businesses, including using econometric tools as well as drawing on established alternative approaches and available datasets. *designing performance measures that align with the strategy being pursued by a regulated business. *working openly and constructively with clients and third-party stakeholders to achieve agreement over analytical approaches, assumptions and methodologies. *techniques, challenges and approaches to infrastructure investment appraisal. *applied cost-benefit analysis with cash and non-cash monetised external benefits. Experience of advising regulated water companies would be an advantage. Additional information: The PQQ/ITN documents can also be accessed by logging in through the Scottish Water Delta e-sourcing webpage https://scottishwater.delta-esourcing.com/ and through the Response Manager section using the following Access Code : 8MANV85862

Renewal: 3 x 1 year extension options

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042522
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036600-2023
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
£5,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Dec 20232 years ago
Submission Deadline
23 Jan 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Water
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PAUL STEWART
Postcode
G72 8TY
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM95 South Lanarkshire
Delivery Location
TLM Scotland
Local Authority
South Lanarkshire
Electoral Ward
Cambuslang West
Westminster Constituency
Rutherglen

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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