---
title: "Board Effectiveness Review"
ocid: "ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "WATER SERVICES REGULATION AUTHORITY (OFWAT)"
published: "2018-11-26"
---

# Board Effectiveness Review

Buyer: WATER SERVICES REGULATION AUTHORITY (OFWAT)  
Current stage: Tender  
OCID: ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573.json)

## Summary

The Water Services Regulation Authority (Ofwat) is currently undertaking a procurement process titled "Board Effectiveness Review". This initiative falls within the auditing services category and is taking place in the regions of West Midlands and London, United Kingdom. The procurement method used is an open procedure, and the tender period is set to conclude on 13 December 2018. The contract is expected to span from 14 January 2019 to 25 March 2019, with a total value of £41,000, and a minimum value of £35,000.

This tender represents an excellent opportunity for small and medium-sized enterprises (SMEs) specialised in auditing services to expand their business footprint. Companies with expertise in board reviews, risk assurance, and governance are particularly well-suited to compete for this contract, which aims to assess the effectiveness of Ofwat's Board and its principal committees. Engaging in this procurement process could not only enhance their portfolios but also establish long-term relationships with a key regulatory authority in the water services sector.

## Notice

The purpose of this project is to undertake a review of Ofwat's Board effectiveness and the effectiveness of the Audit and Risk Assurance Committee (ARAC) and the Remuneration and People Committee (RemCo) as the principal active Board Committees.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bac6140e-1a65-4735-b885-b25319de9cf8 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Nov 2018 |
| Submission deadline | 13 Dec 2018 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 14 Jan 2019 - 25 Mar 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £41,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WATER SERVICES REGULATION AUTHORITY (OFWAT) |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B5 4UA |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Ladywood |
| Westminster constituency | Birmingham Ladywood |
| Delivery location | TLG West Midlands (England), TLI London |

## CPV Codes

### Divisions

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

### Codes

- 79212000 - Auditing services

## Release History

- 26 Nov 2018 at 17:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bac6140e-1a65-4735-b885-b25319de9cf8

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bac6140e-1a65-4735-b885-b25319de9cf8
  26th November 2018 - Opportunity notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=NOV155972
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://www.ofwat.gov.uk/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573.json.