---
title: "Joint exercise with PR24 and P&O"
ocid: "ocds-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY (OFWAT)"
published: "2021-02-17"
---

# Joint exercise with PR24 and P&O

Buyer: WATER SERVICES REGULATION AUTHORITY (OFWAT)  
Current stage: Award  
OCID: ocds-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae

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## Summary

The procurement process, initiated by the Water Services Regulation Authority (Ofwat), focuses on a contract titled "Joint exercise with PR24 and P&O" under the management consultancy framework (RM6008). This tender, classified within the general management consultancy services industry (CPV code: 79411000), aims to support policy roles in shaping the 2024 price review and enhancing regulatory frameworks. The procurement method employed is selective, with a value of £325,462 and an anticipated contract period from 21 December 2020 to 31 March 2021. The procurement stage is now complete, following an end date for the tender period on 24 November 2020, and covers delivery locations in West Midlands and London.

This contract presents significant opportunities for consultancy firms specialising in policy support and regulatory compliance, particularly those with expertise in the water sector. Businesses that offer strategic regulatory advice and have experience with price control mechanisms would be well-positioned to compete. The roles are also suitable for SMEs and voluntary community sector enterprises, making this an inclusive opportunity for smaller organisations seeking to engage with governmental procurement processes.

## Notice

CCS Framework - Management Consultancy Framework 2 - RM6008 - Lot 4 - Strategic Regulatory Advice Ofwat sought up to 9x policy support roles across the two clusters. PR24 and beyond This cluster of work will shape and design the 2024 price review (PR24) and beyond to accelerate progress towards our long term goals for the sector. Performance & Outcomes The cluster will deliver the best outcomes for customers, society and the environment by driving improvements in company performance informed by intelligent monitoring, and developing and implementing regulatory policy through a variety of tools and relationships. These roles will be intended to provide Principal-level support within the two clusters nature of our work and Ofwat's need to be responsive and flexible, there is the potential for this role to focus on another aspect of work within the two clusters (in discussion and agreement between Ofwat and the successful Supplier). As a result we are looking for transferable skills that could suit multiple policy areas across the regulatory discipline. Key Deliverables and Outputs PR24 design The PR24 design workstream will cover a wide range of issues including: simplification and scope of price review, design of the price controls, role and use of incentives and role and facilitation of markets. Other work that we might potentially need assistance with is the review of the 2014 price review and support to the development of our approach to individual building blocks of the price control such as cost assessment, outcomes and risk and return. OR Performance & Outcomes - Company Engagement The engagement function in our Company Performance Monitoring and Engagement Team plays a key role in this by bringing together internal and external information on water companies. The role will help us to collate this information from new and existing sources, and then to use this to provide the insights to enable us to identify the engagement approach and the regulatory tools to use to influence behaviour and drive improvement in performance. Performance & Outcomes - Covid-19 Our work on Covid-19 is very urgent. Companies are pushing hard for changes to our regulatory framework and assessment. Any decision to change, or not change our approach, could have significant financial consequences for customers and companies. The timing of these decisions are important, early decisions and signals we send to companies will influence how they behave and react and ultimately the service that customers receive. Some of the areas in question, such as consumption of water are central to the long-term resilience of water supplies in England and Wales. We need to properly consider the evidence and understand the potential implications of the decisions on issues such as this. We need to understand the issue and push back as we need to now. 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/6de5e1b1-71da-428f-a676-9bccee370d8e |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large, SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Feb 2021 |
| Submission deadline | 24 Nov 2020 |
| Future notice date | Not specified |
| Award date | 18 Dec 2020 |
| Contract period | 21 Dec 2020 - 31 Mar 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £325,462 |
| Lots value | Not specified |
| Awards value | £325,462 |
| 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 | 2 |
| Supplier names | FTI CONSULTING; OVE ARUP & PARTNERS INTERNATIONAL |

## CPV Codes

### Divisions

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

### Codes

- 79411000 - General management consultancy services

## Release History

- 17 Feb 2021 at 14:22 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6de5e1b1-71da-428f-a676-9bccee370d8e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6de5e1b1-71da-428f-a676-9bccee370d8e
  17th February 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-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae.json.