--- title: "Targeted Review of Asset Health and Resilience in the Water Industry" ocid: "ocds-b5fd17-7ac25ca1-1204-41b4-9df5-3a2e5adbadcc" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7ac25ca1-1204-41b4-9df5-3a2e5adbadcc" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7ac25ca1-1204-41b4-9df5-3a2e5adbadcc.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-7ac25ca1-1204-41b4-9df5-3a2e5adbadcc.json" source: "Contracts Finder" current_stage: "Tender" buyer: "WATER SERVICES REGULATION AUTHORITY (OFWAT)" published: "2017-01-09" --- # Targeted Review of Asset Health and Resilience in the Water Industry Buyer: WATER SERVICES REGULATION AUTHORITY (OFWAT) Current stage: Tender OCID: ocds-b5fd17-7ac25ca1-1204-41b4-9df5-3a2e5adbadcc [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7ac25ca1-1204-41b4-9df5-3a2e5adbadcc) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7ac25ca1-1204-41b4-9df5-3a2e5adbadcc.json) ## Summary The Water Services Regulation Authority (Ofwat) is seeking proposals for a targeted review of asset health and resilience in the water industry, identified as tender MT191089. This procurement falls under the industry category of auditing services and is set in various regions across the United Kingdom, including the North East, Yorkshire and the Humber, and London. The tender is currently in the planning stage, with an end date set for 25 January 2017. The total contract value is approximately £115,000, with a minimum value of £90,000. The procurement follows an open procedure, indicating that all interested suppliers may participate. This tender presents significant business growth opportunities, particularly for companies with expertise in auditing services, asset management, and performance monitoring. Firms well-suited to compete would include small and medium-sized enterprises (SMEs) specialising in the water sector, technology providers focusing on condition assessment, and organisations offering innovative methodologies for asset health evaluations. Engaging in this project could enhance their visibility and establish long-term relationships within the water industry. ## Notice Objectives The targeted review of Water Company asset health and resilience will- Provide a comprehensive assessment of asset health reporting which will include the identification of outliers. Enable Ofwat to assess whether companies are taking full ownership of, and responsibility for, asset health. Evaluate the relative balance of performance and condition monitoring/assessment within the context of new technology Evaluate the assurance which companies receive for new assets 2 Scope The scope of this work includes assessing company's evaluation, management and interventions with regards asset health. Any recommendations for alternative approaches for PR19 should be within the context of the overall framework of a total expenditure approach to cost assessment and the outcomes framework. Recommendations should aim to enhance customer legitimacy, enable cost effective/timely investment and provide assurance for resilience. 3 Key Tasks In order to meet the business objectives, the project will involve the Contractor performing the following tasks- Attending and leading meetings with all water companies (WASC's/WOC's) at their premises, however we would consider conducting some of the meetings via teleconference. A member of the Ofwat team will aim to support at these meetings. Discussions and short debrief with the Ofwat team following each company meeting. Input into pre-meeting briefing/information pack for companies as necessary. This may include collecting information from companies before the meeting, too. Regular weekly discussions with the Ofwat team regarding the project, next steps and highlighting any areas of concern. A weekly email to the project manager concerning budget spent, remaining and forecast expenditure for the remainder of the contract. Review of available technology and approaches for performance and condition monitoring. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/797f9e42-d762-4a23-a8e2-8dce591c3857 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 9 Jan 2017 | | Submission deadline | 25 Jan 2017 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Feb 2017 - 31 Mar 2017 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £115,000 | | 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 | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212000 - Auditing services ## Release History - 9 Jan 2017 at 17:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/797f9e42-d762-4a23-a8e2-8dce591c3857 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/797f9e42-d762-4a23-a8e2-8dce591c3857 9th January 2017 - Opportunity notice on Contracts Finder - http://www.mytenders.org/search/show/search_view.aspx?ID=JAN136893 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. 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