---
title: "Asset Management Policy Support"
ocid: "ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY (OFWAT)"
published: "2021-03-11"
---

# Asset Management Policy Support

Buyer: WATER SERVICES REGULATION AUTHORITY (OFWAT)  
Current stage: Award  
OCID: ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02.json)

## Summary

The contract titled "Asset Management Policy Support" has been awarded by the Water Services Regulation Authority (Ofwat) to Ove Arup and Partners Ltd. This procurement process falls under the general management consultancy services category and took place in the West Midlands and London, United Kingdom. The contract, initiated through an open procedure below threshold, has a total value of £49,975 and a contract period running from 2nd December 2020 to 31st May 2021. The tender period concluded on 16th November 2020, with the award published on 11th March 2021.

This tender presents significant opportunities for businesses specialising in management consultancy, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies capable of providing strategic insights and evaluation regarding asset maturity frameworks would be especially well-suited. The successful delivery of services focusing on asset health policies, stakeholder engagement, and robust data-driven decision-making can contribute positively towards enhancing asset management in the water industry, ultimately fostering business growth in these areas.

## Notice

The Supplier shall provide the following services to the Customer: To co-create, apply and evaluate our asset maturity framework with the water industry in England and Wales, and evaluation of company self-assessment using these frameworks. The work is expected to run in 2 stages: Stage 1 covers collaborative design and Stage 2 covers evaluation. The Supplier shall provide the following deliverables to the Customer as part of the Services: Deliverables 1, 2 and 3 The coverage of the asset maturity questionnaire is subject to further development and iteration with the sector. 1. Asset health policy and strategy: the existing asset management framework (policy and strategy) and associated terminology used within companies. 2. Line of sight between asset health and outcomes: how asset group performance and failure are linked to asset health outcomes and metrics, thus understanding the impact of failures and the benefit of managing these assets. 3. Asset health data: Understand asset group inspection and monitoring regimes, ensuring appropriate data (quality data of sufficient detail, history and frequency) is available for robust asset management decision-making. 4. Processes and systems for monitoring asset health: how asset health risks and performance are monitored through a package of metrics. Understand how collected data and available methods inform these metrics. 5. Investment planning and decision making how investment planning and decision-making tools and systems are used to find an adequate balance between risks, costs and performance over the long and the short term (across all asset groups). 6. Stakeholder and customer engagement how customers and stakeholders are engaged to understand the value that they place on asset health and resilience. 7. Assurance and reporting: Understand the existing corporate processes, systems and structures available to oversee and manage asset health/resilience risks and performance. 8. Asset health capability and continuous improvement how companies seek to continuously improve their asset management capability by promoting non-conformity, collaboration and innovation. Specifically the supplier will be expected to: 1. Review the draft maturity assessments and highlight any gaps /issues. 2. Advise on usability and ability to secure consistent output to aid comparability between companies. 3. Advise on data sets that could underpin company self-assessment. 4. Produce a refined maturity assessment for use in the sector. Make recommendations on potential next steps for the sector to strengthen maturity based on the insight gained. 1. Draw insight based conclusions from the submissions, including policy considerations for companies and regulators. 2. Identify and propose modifications to the maturity assessment in light of the first round of submissions for agreement by Ofwat. 3. Reshape the maturity assessment. 4. Any views / recommendations that the supplier has would be welcomed. Additional information: For further information, please contact procurement@ofwat.gov.uk

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/abaf2656-f1bd-4d44-b642-e40f8381bd97 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Mar 2021 |
| Submission deadline | 16 Nov 2020 |
| Future notice date | Not specified |
| Award date | 1 Dec 2020 |
| Contract period | 2 Dec 2020 - 31 May 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £49,975 |
| Lots value | Not specified |
| Awards value | £49,975 |
| Contracts value | Not specified |

## Status

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

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | OVE ARUP AND PARTNERS |

## CPV Codes

### Divisions

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

### Codes

- 79411000 - General management consultancy services

## Release History

- 11 Mar 2021 at 11:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/abaf2656-f1bd-4d44-b642-e40f8381bd97

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/abaf2656-f1bd-4d44-b642-e40f8381bd97
  11th March 2021 - Awarded contract notice on Contracts Finder

## 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-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02.json.