Notice Information
Notice Title
Provision of Regulatory Reporting Advice
Notice Description
Development of Business Plan guidance, templates and definitions for collection of data from Scottish Water
Lot Information
Engineering and asset management
Development of guidance, data templates and accompanying definitions in several areas, including, but not limited to: (i) levels of service performance, covering customer service, water quality compliance and environmental compliance; (ii) business influences and base assumptions such as forecasts for inflation, growth in billed properties and customer volumes and interest costs; (iii) operating expenditure; (iv) the current asset inventory, focusing on the distribution of assets in each asset category by age profile; (v) asset replacement interventions, with reference to the asset inventory, providing an approach for measuring asset health consistently across the full asset base (e.g. using the age profile of the assets in each category as a proxy) to measure the impact of proposed replacement interventions using the age profile of the assets in each category as a proxy for targeting proposed replacement interventions; and (vi) enhancement and growth investment, removing the element of investment that relates to the replacement of any existing assets and setting out the outputs to be delivered from each proposed project, when those outputs will be delivered and at what cost. The contractor will need to assist WICS with developing the definition for enhancement and growth investment, versus asset replacement investment, which would then feed into the definitions for the updated regulatory accounting rules.
Regulatory accounting and transfer pricing rules1. Test WICS and Scottish Water's thinking on key areas including on the definition of core and non-core activities, reflecting lessons from other regulated sectors and regulatory best practice. 2. Codify this thinking in refreshed regulatory accounting rules covering the regulatory financial statements that Scottish Water prepares for WICS (previous regulatory accounting rules can be found through the links in the table above). The refresh is expected to cover areas such as: - the definition of core and non-core activities; - the policies that determine whether items of expenditure are treated as operating or capital expenditure (i.e. capitalisation policies); - the definition of the different categories of capital expenditure, including asset replacement, enhancement and growth; and - recording all potential liabilities being stored up for future generations of customers, including any difference between the how much Scottish Water should be spending to replace assets each year on average (based on asset values and expected asset lives) and what it actually spends to replace assets in that year. 3. Review of the rules in place to underpin intra-company transactions or transactions with associate entities, including requirements for market testing and full cost recovery. 4. Updates to the Excel data templates for the regulatory accounts that Scottish Water reports to WICS each year.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000760448
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL508702
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- PCS Notice - Website Contract Award Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- 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
71310000 - Consultative engineering and construction services
79200000 - Accounting, auditing and fiscal services
79400000 - Business and management consultancy and related services
Notice Value(s)
- Tender Value
- £79,167 Under £100K
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £40,000 Under £100K
Notice Dates
- Publication Date
- 1 Jul 20241 years ago
- Submission Deadline
- 29 Apr 2024Expired
- Future Notice Date
- Not specified
- Award Date
- 27 Jun 20241 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- WATER INDUSTRY COMMISSION FOR SCOTLAND
- Contact Name
- Not specified
- Contact Email
- enquiries@watercommission.co.uk
- Contact Phone
- +44 01786430200
Buyer Location
- Locality
- STIRLING
- Postcode
- FK8 1QZ
- Post Town
- Falkirk and Stirling
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM0 Eastern Scotland
- Small Region (ITL 3)
- TLM02 Perth and Kinross, and Stirling
- Delivery Location
- TLM77 Perth and Kinross, and Stirling
-
- Local Authority
- Stirling
- Electoral Ward
- Stirling North
- Westminster Constituency
- Stirling and Strathallan
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR501648&idx=1
25th March 2024 - ITT Regulatory Reporting -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR501648&idx=2
25th March 2024 - WICS' standard terms and conditions -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR501648
Provision of Regulatory Reporting Advice - Development of Business Plan guidance, templates and definitions for collection of data from Scottish Water -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL508702
Provision of Regulatory Reporting Advice - Development of Business Plan guidance, templates and definitions for collection of data from Scottish Water
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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