---
title: "External review of December 2022 PR24 financial model"
ocid: "ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "O F W A T"
published: "2023-01-31"
---

# External review of December 2022 PR24 financial model

Buyer: O F W A T  
Current stage: Award  
OCID: ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb.json)

## Summary

The buying organisation, OFWAT, has awarded a contract for the "External review of December 2022 PR24 financial model" to Cubelynx Limited. The procurement involved business and management consultancy services, with a contract value of £50,000 in GBP. The procurement method was selective, involving a call-off from a framework agreement. The tender period ended on November 25, 2022, with the contract running from January 3, 2023, to March 31, 2023. The location of the contract is in England.

This tender presents an opportunity for SMEs in the business and management consultancy sector to compete for contracts with OFWAT. Businesses with expertise in financial modelling and consultancy services would be well-suited to participate in similar tenders. The contract awarded to Cubelynx Limited highlights the potential for smaller companies to secure public procurement contracts in the industry category of services. SMEs looking to expand their business in the consultancy sector may find future opportunities within OFWAT's procurement processes.

## Notice

Advise Ofwat on the appropriateness of the overall model build Review key calculations in the model and confirm that they work correctly Provide assurance that the methodology used in the model fits with Ofwat's policy requirements Provide advice on how to correct issues found with the model and to ensure it complies with best practice

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2d02188c-2aa1-4b1c-9b47-5aec6622d97a |
| 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 |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Jan 2023 |
| Submission deadline | 25 Nov 2022 |
| Future notice date | Not specified |
| Award date | 25 Dec 2022 |
| Contract period | 3 Jan 2023 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| Lots value | Not specified |
| Awards value | £50,000 |
| 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 | O F W A T |
| 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CUBELYNX |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 31 Jan 2023 at 10:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2d02188c-2aa1-4b1c-9b47-5aec6622d97a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2d02188c-2aa1-4b1c-9b47-5aec6622d97a
  31st January 2023 - 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-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb.json.