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'Water Regulation - Adopting a supervisory approach to the Price Review'

DEPARTMENT FOR ENVIRONMENT, FOOD AND RURAL AFFAIRS

This public procurement record has 3 releases in its history.

Award

09 Jul 2026 at 15:33

UK7 - Contract Details Notice
Award

11 Jun 2026 at 11:56

UK6 - Contract Award Notice
Award

10 Jun 2026 at 13:39

UK5 - Transparency Notice
Summary of the contracting process

The Department for Environment, Food and Rural Affairs (Defra), a central government public authority located in London, has completed the contracting process for a project titled "Water Regulation - Adopting a supervisory approach to the Price Review". The procurement initiative involved a direct award to Frontier Economics Ltd, a large consultancy firm headquartered in London, reflecting the need for specialised technical expertise in economic and regulatory advice related to the UK's water industry. The procurement process was marked as complete as of July 9, 2026. This service-oriented contract falls under the domain of technical analysis or consultancy services (CPV 71621000) and covered the period from 26 June to 8 October 2026, with a gross value of £237,787.20.

This contract exemplifies opportunities for expert consultancy firms, especially those with a proven track record in economic and regulatory fields, to participate in high-level government projects that require a nuanced understanding of sectoral business planning and regulation. Companies with the capability to provide comprehensive expertise across multidisciplinary domains such as economics, financial planning, and operational requirements might find similar contracts appealing. This particular tender demonstrates the government's reliance on specialised consultancy services to inform and improve regulatory frameworks, potentially paving the way for innovative regulatory approaches in the water industry and beyond.

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Notice Information

Notice Title

'Water Regulation - Adopting a supervisory approach to the Price Review'

Notice Description

Defra requires expert economic and regulatory advice to design the supervisory approach as it applies to economic regulation, ensuring it integrates effectively with existing frameworks and supports robust regulatory decision-making.

Procurement Information

Technical expertise to cover all specific aspects of the requirement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b1d7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/064832-2026
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
Direct award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71621000 - Technical analysis or consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£198,156 £100K-£500K
Contracts Value
£198,156 £100K-£500K

Notice Dates

Publication Date
9 Jul 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Jun 20262 months ago
Contract Period
26 Jun 2026 - 8 Oct 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active, Pending
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR ENVIRONMENT, FOOD AND RURAL AFFAIRS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 4DF
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Frontier Economics Ltd

Further Information

Notice Documents

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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