Award

Economic Analysis and Support

THE WATER SERVICES REGULATION AUTHORITY

This public procurement record has 2 releases in its history.

Award

16 Oct 2025 at 08:34

UK7 - Contract Details Notice
Award

07 Oct 2025 at 13:54

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process, led by The Water Services Regulation Authority (Ofwat), focused on providing "Economic Analysis and Support" services. The procurement was conducted without competition under a direct method, falling below the threshold. The contract involved services within the business and management consultancy sector, classified under CPV 79400000, and was managed centrally from Ofwat's Birmingham office. The process was completed, with contracts awarded to Compass Lexicon, a consultancy firm based in London. Key contractual dates spanned from 26th March 2025 to 17th October 2025, marking the active contract period.

This tender presents opportunities for consultancy firms specialising in economic analysis and support services to enhance their business profile by working with a central government authority. Firms experienced in public sector consultancy, particularly those offering business and management advisory services, would find this a fitting opportunity to demonstrate their expertise. The awarded contract is valued significantly, offering revenue potential for the selected service provider, and future tenders could provide similar procurement pathways for qualified suppliers. The contract was completed with direct engagement, denoting an opportunity for firms capable of fulfilling governmental requirements efficiently.

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Notice Information

Notice Title

Economic Analysis and Support

Notice Description

Economic Analysis and Support Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05a9ad
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/065788-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£89,856 Under £100K

Notice Dates

Publication Date
16 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Mar 202511 months ago
Contract Period
27 Mar 2025 - 26 Sep 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE WATER SERVICES REGULATION AUTHORITY
Contact Name
Not specified
Contact Email
procurement@ofwat.gov.uk
Contact Phone
Not specified

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
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

COMPASS LEXICON

Further Information

Notice Documents

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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