---
title: "Board Effectiveness Review"
ocid: "ocds-b5fd17-88e0c074-30e7-4f8d-8a3e-45d02c81d7a3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-88e0c074-30e7-4f8d-8a3e-45d02c81d7a3"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-88e0c074-30e7-4f8d-8a3e-45d02c81d7a3.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-88e0c074-30e7-4f8d-8a3e-45d02c81d7a3.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY"
published: "2020-02-11"
---

# Board Effectiveness Review

Buyer: WATER SERVICES REGULATION AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-88e0c074-30e7-4f8d-8a3e-45d02c81d7a3

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## Summary

The WATER SERVICES REGULATION AUTHORITY is seeking to conduct a Board Effectiveness Review, which will assess the effectiveness of its Board and principal active Committees, namely the Audit and Risk Assurance Committee and the Remuneration and People Committee. This procurement process is classified under „Auditing services” and is currently at the award stage, with the contract having been awarded on 15 January 2019. The tender period concluded on 13 December 2018, and the contract is valid from 16 January 2019 to 25 March 2019. The procurement was undertaken using an open procedure method, with a contract value of £19,481, and delivery is expected in London, United Kingdom.

This tender presents a significant opportunity for businesses specialising in auditing and organisational consultancy services, particularly those with capabilities in governance and board effectiveness assessments. Small and medium-sized enterprises (SMEs) are strongly encouraged to participate, as the procurement is suitable for such entities. Businesses adept at offering strategic insights and recommendations for improving board dynamics and performance may find this contract aligns well with their service offerings, thus facilitating potential business growth in the public sector.

## Notice

The purpose of this project is to undertake a review of 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. We carried out effectiveness reviews of the Board and ARAC in March 2017, and RemCo in January 2018. We also stated in our 2017-18 Annual Report and Accounts that the Board regularly reviews its effectiveness, and that we intend to undertake another formal assessment in 2018-19, once the new Board members and the Chief Executive are established. In November and December 2018, Board members are completing questionnaires about Board effectiveness. This process is taking place alongside the individual performance appraisals that are being carried out by the Chair. We did not carry out effectiveness reviews of the other Board committees during 2017 or 2018. This decision was made because the Thames Tideway Tunnel Committee, the Casework Committee and the Nominations and Governance Committee generally only meet when required and at that time were not having to meet regularly or at all. We are not currently proposing to carry out formal effectiveness reviews of these committees. Requirements Overall Objectives of Project The overall objectives of the project are to: * Test the Board's role in setting and monitoring the strategy and direction of Ofwat, including how the Board utilises the Ofwat strategy to drive its activities and how it monitors implementation; * Evaluate how the Board fulfils its advisory, challenge and support role in relation to the Executive, * Consider the dynamics and functioning of the Board and committees, including: o considering where the Board focusses their time by reference to the above roles and objectives, o understanding whether the Board and committees work cohesively and members are effective as a team, o considering the interactions and communication with Chief Executive, Executive Directors and other senior executives, o testing the cohesiveness and the quality of participation in Board meetings; * Consider the quality of information available to the Board and committees and the quality of the support infrastructure; and * Consider the mechanisms for the selection process for new board members (SoS makes appointments), and succession planning, in particular to consider how best to approach recruitment to ensure an appropriate spread of skills and diversity, including of experience; and * Recommendations to address areas identified for improvement. 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/d549e2f4-c147-4605-8a9c-bc0c5979b62b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Feb 2020 |
| Submission deadline | 13 Dec 2018 |
| Future notice date | Not specified |
| Award date | 15 Jan 2019 |
| Contract period | 16 Jan 2019 - 25 Mar 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £19,481 |
| Lots value | Not specified |
| Awards value | £19,481 |
| 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 |
| 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 | TLI London |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 79212000 - Auditing services

## Release History

- 11 Feb 2020 at 13:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d549e2f4-c147-4605-8a9c-bc0c5979b62b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d549e2f4-c147-4605-8a9c-bc0c5979b62b
  11th February 2020 - Awarded contract notice on Contracts Finder

## Provenance

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