---
title: "New Ofwat Finance System"
ocid: "ocds-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY"
published: "2022-04-12"
---

# New Ofwat Finance System

Buyer: WATER SERVICES REGULATION AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee

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## Summary

The procurement process involves the Water Services Regulation Authority (Ofwat) seeking a new finance system to provide licences and support, under the title "New Ofwat Finance System." This tender falls within the general management consultancy services category and is associated with the UK, specifically in the West Midlands and London regions. The contract was awarded on August 10, 2021, and is valued at approximately £550,705.65, with an active contract period that commenced on October 28, 2021, and will conclude on October 28, 2024. The procurement was conducted through a competitive tendering process using the CCS Framework.

This tender represents a significant opportunity for businesses within the IT and consultancy sectors, particularly those specialising in financial software and support services. As Ofwat is particularly keen on engaging with small and medium-sized enterprises (SMEs), businesses that align with these criteria and can demonstrate relevant experience in providing management consultancy services will find themselves well-positioned to compete. Those with expertise in financial systems development and government project management are particularly encouraged to participate.

## Notice

Finance system licenses and support 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/34b83e68-fbdf-47ea-9130-948e69ab10c9 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Competitive tender using CCS Framework |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Apr 2022 |
| Submission deadline | 26 Jul 2021 |
| Future notice date | Not specified |
| Award date | 9 Aug 2021 |
| Contract period | 27 Oct 2021 - 28 Oct 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £550,705 |
| Lots value | Not specified |
| Awards value | £550,705 |
| 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 | TLG West Midlands (England), TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | INSIGHT DIRECT (UK |

## CPV Codes

### Divisions

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

### Codes

- 79411000 - General management consultancy services

## Release History

- 12 Apr 2022 at 14:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/34b83e68-fbdf-47ea-9130-948e69ab10c9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/34b83e68-fbdf-47ea-9130-948e69ab10c9
  12th April 2022 - 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-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee.json.