Notice Information
Notice Title
Review of Regulatory Financial Model
Notice Description
WICS requires a review of the financial model that will be used to set charge caps for the 2027-33 regulatory period. The main output of the project will be an assurance report produced by the supplier.
Lot Information
Lot 1
The financial model will be used to forecast Scottish Water's revenue and expenditure to enable WICS to calculate the allowed charges for Scottish Water. This financial model will provide the charge caps set out in WICS' draft and final determinations for SRC27. The financial model will also be used for monitoring throughout the 2027-33 regulatory period. We require assurance on the financial model to enable us to analyse the Business Plan and begin the drafting of our draft determination. The main output of the project will be an assurance report produced by the supplier. At the time of our draft and final Determinations, WICS plans to publish the financial model alongside the assurance report produced by the supplier. More specific objectives are included in the procurement documents.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000814855
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN546429
- 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
72 - IT services: consulting, software development, Internet and support
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
72221000 - Business analysis consultancy services
79200000 - Accounting, auditing and fiscal services
79210000 - Accounting and auditing services
79212000 - Auditing services
79212100 - Financial auditing services
79412000 - Financial management consultancy services
Notice Value(s)
- Tender Value
- £33,333 Under £100K
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £29,167 Under £100K
Notice Dates
- Publication Date
- 5 Jan 20261 months ago
- Submission Deadline
- 28 Nov 2025Expired
- Future Notice Date
- Not specified
- Award Date
- 22 Dec 20252 months 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@wics.scot
- 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=NOV543023&idx=2
25th November 2025 - Appendix C - Terms and Conditions -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=NOV543023&idx=4
25th November 2025 - Appendix C - Terms and Conditions -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=NOV543023&idx=1
7th November 2025 - ITT Financial Model Review -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=NOV543023&idx=3
7th November 2025 - Financial model -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV543023
Review of Regulatory Financial Model - WICS requires a review of the financial model that will be used to set charge caps for the 2027-33 regulatory period. The main output of the project will be an assurance report produced by the supplier. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN546429
Review of Regulatory Financial Model - WICS requires a review of the financial model that will be used to set charge caps for the 2027-33 regulatory period. The main output of the project will be an assurance report produced by the supplier.
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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