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        "description": "The development of nationally significant water supply infrastructure is a positive step towards ensuring resilient supplies of water. This requires new and innovative thinking around the way that we regulate water supply infrastructure. You will be responsible for: Shaping the policy framework for how we regulate infrastructure projects under different commercial models to encourage the long term development of water supply options. Exploring the opportunities for wholesale water markets and trading, including bulk transfers between water companies, and water trading models to efficient allocate water between different types of user Shaping the key commercial principles that ensure that costs, risk and rewards are allocated in a way that ensure that the interests of water customers are protected and that outcomes are delivered. Examining the institutional arrangements to ensure the co-ordinated development, delivery and operation of water infrastructure across the sector; DocuSign Envelope ID: D79B523C-CF3C-4791-AD0C-F39471BF1F48 (c) ESPO 2015 No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means without the permission of ESPO. Guidance contained in this document is intended for use by ESPO employees however it is made available to ESPO customers. ESPO customers must seek their own legal advice as to the content and drafting of this document. 3S-18-Framework Agreement Service Provider-Issue-2_14022019 Page 4 of 80 Providing economic analysis and advice to support the assessment of the infrastructure projects through the gateway process managed by RAPID, including evaluating the public value benefits of schemes; We need highly motivated economists to help RAPID shape the commercial, regulatory and institutional arrangements that will have a tangible and meaningful impact on society for many generations to come. The successful candidates are expected to have a strong foundation in technical economic skills. They will also bring intellectual leadership, show strategic awareness and strong leadership skills to the roles. Additional information: For further information, please contact procurement@ofwat.gov.uk",
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