Award

Regulatory and Technical Assurance Services

SEVERN TRENT WATER LIMITED

This public procurement record has 2 releases in its history.

Award

11 Feb 2025 at 15:07

Tender

11 Sep 2024 at 09:23

Summary of the contracting process

Severn Trent Water Limited and Hafren Dyfrdwy Cyfyngedig are seeking to engage a professionally qualified technical auditor with expertise in the water industry for their "Regulatory and Technical Assurance Services." This tender, classified under Business and Management Consultancy Services (CPV code 79410000), focuses on the Utilities' obligations to prepare and publish accurate information required by stakeholders, including regulatory bodies. The procurement process is currently in the active tender stage, utilising a selective procurement method through a negotiated procedure with prior call for competition. The tender closes on 18th October 2024, with services expected to commence soon after. The project is valued at £2,625,000, and the delivery region is the United Kingdom.

This tender presents significant opportunities for businesses with a strong background in the water sector and those capable of providing comprehensive regulatory and technical assurance services. Companies specialising in financial and business management, ESG reporting, and other related consultancy services will find this project particularly relevant. The involvement in such a high-profile and regulated industry can enhance a contractor's portfolio and provide an avenue for future collaborations with major utilities. The contract's potential for a 24-month extension adds further value, making it an attractive proposition for businesses looking to expand their influence and expertise within the regulatory assurance market.

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Notice Title

Regulatory and Technical Assurance Services

Notice Description

Severn Trent Water Limited and Hafren Dyfrdwy Cyfyngedig (together, "The Utilities") have obligations to prepare, submit and publish a wide range of information required by their stakeholders including Ofwat, the Drinking Water Inspectorate (DWI), the Environment Agency (EA) and Natural Resources Wales. The information disclosed by The Utilities must be well founded and accurate. Therefore, the Utilities seek to appoint a professionally qualified technical auditor with specialist expertise in the water industry.

Lot Information

Lot 1

The supplier of assurance service forms a core part of the Utilities' assurance process, providing independent challenge and regulatory, technical insight on approaches and processes. The assurance supplier is key to enhance the Utilities' assurance maturity as well as delivering specialist expertise through process and data audits. The assurance Supplier has specialist expertise including financial and business management disciplines and supports non-financial ESG reporting requirements such as Taskforce on Climate-related Disclosures and Taskforce on Nature-related Financial Disclosures.

Options: A maximum of 24 months extension is possible

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0499d2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004587-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
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

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


CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£2,625,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£2,625,000 £1M-£10M

Notice Dates

Publication Date
11 Feb 20251 years ago
Submission Deadline
18 Oct 2024Expired
Future Notice Date
Not specified
Award Date
10 Feb 20251 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
SEVERN TRENT WATER LIMITED
Additional Buyers

HAFREN DYFRDWY CYFYNGEDIG

Contact Name
Sarah Griffiths-Jones
Contact Email
sarah-griffiths-jones@severntrent.co.uk, sarah.griffiths-jones@severntrent.co.uk
Contact Phone
+44 2477716919

Buyer Location

Locality
COVENTRY
Postcode
CV1 2LZ
Post Town
Coventry
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL3 North Wales
Small Region (ITL 3)
TLL34 Flintshire and Wrexham
Delivery Location
Not specified

Local Authority
Wrexham
Electoral Ward
Ponciau
Westminster Constituency
Montgomeryshire and Glyndwr

Supplier Information

Number of Suppliers
1
Supplier Name

JACOBS

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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