---
title: "Innovation Fund Partner"
ocid: "ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY (OFWAT)"
published: "2020-11-30"
---

# Innovation Fund Partner

Buyer: WATER SERVICES REGULATION AUTHORITY (OFWAT)  
Current stage: Award  
OCID: ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266

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## Summary

The Water Services Regulation Authority (Ofwat) has successfully completed a procurement process to appoint an innovation fund partner for its £200 million Innovation Fund in the water sector, aimed to be operational from November 16, 2020, to June 30, 2022. This open procedure tender, titled "Innovation Fund Partner," identified consultancy services for water-supply and waste as its primary industry category. The procurement period ended on September 23, 2020, with the awarded contract now active and valued at £4,324,006. Notably, the services are to be delivered across multiple addresses in the West Midlands and London, United Kingdom.

This tender presents a significant opportunity for businesses specialising in consultancy services related to water management and innovation. Companies with experience in designing, implementing, and administering similar funds or competitions would be particularly well-suited to engage in this sector. Additionally, small and medium-sized enterprises (SMEs) may find opportunities to partner with Ofwat or larger suppliers like Nesta, fostering collaboration and potential growth within the burgeoning water innovation landscape.

## Notice

Ofwat is establishing a 200 million GBP innovation fund for the water sector to be made available through a series of competitions across the period 2020-2025. We have identified the need for an innovation fund partner with experience of running innovation funds/competitions to support us in delivering the innovation fund. This tender is to procure an innovation fund partner to assist us with the design, implementation and ongoing monitoring and administration of the innovation fund.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/cff79b58-3cca-494f-9263-78cadbce3fef |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Nov 2020 |
| Submission deadline | 23 Sep 2020 |
| Future notice date | Not specified |
| Award date | 20 Nov 2020 |
| Contract period | 16 Nov 2020 - 30 Jun 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,324,006 |
| Lots value | Not specified |
| Awards value | £4,324,006 |
| 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 | 1 |
| Supplier names | NESTA |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71800000 - Consulting services for water-supply and waste consultancy

## Release History

- 30 Nov 2020 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/cff79b58-3cca-494f-9263-78cadbce3fef

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/cff79b58-3cca-494f-9263-78cadbce3fef
  30th November 2020 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=NOV160893
  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. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266.json.