---
title: "Interim Regulatory Economics and Policy Advisor"
ocid: "ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY"
published: "2018-05-17"
---

# Interim Regulatory Economics and Policy Advisor

Buyer: WATER SERVICES REGULATION AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921.json)

## Summary

The procurement process is led by the Water Services Regulation Authority, seeking an Interim Regulatory Economics and Policy Advisor. This tender falls within the business and management consultancy services category and is active in regions including the West Midlands and London, United Kingdom. The tender period ended on 26 February 2018, with the contract period commencing on 12 March 2018 and concluding on 31 May 2018. The procurement method employed is selective, specifically through a call-off from a framework agreement, and the awarded contract has a capped value of £55,000.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) equipped to deliver consultancy services within the water regulation sector. Businesses with expertise in economics, regulatory policy, and project management would find this particularly suited to their competencies. Engaging in this contract would allow firms to showcase their capabilities while contributing to improvements in the regulatory processes impacting the wider industry.

## Notice

On 3 September 2018 water companies will submit their business plans to Ofwat for the initial assessment of business plans (IAP) as part of the PR19 price review. We are intending to do a practice run of this assessment process in June 2018 (the "red run"). This will require mock ups of business plans and potentially some scenarios, which could take the form of partial business plans, for the red run to review. The objective of the red run is to: * test and provide some assurance of both the policy and processes, including data submission and quality assurance process in the IAP; * the red run should do this for all levels of the decision making process - data submission, policy teams, senior responsible officers (SROs) and Ofwat Board; * ensure that everyone in the PR19 team understands their roles and responsibilities during the IAP; * identify areas for improvement; and * recommend solutions to any problems or weaknesses. The purpose of this role is to assist the red run business plan team in developing these mock business plans and scenarios. The successful candidate will need to provide expert economic advice on how to construct the mock business plans and scenarios in order to best test our processes and policy for the implementation of the IAP. This will include answering questions posed by Ofwat staff during the red run review of the mock business plans. The successful candidate will also contribute to the lessons learnt exercise by providing written views on how the mock business plans could be best assessed to meet the objectives of the initial assessment of business plans. This will need to be completed before 31 May. This is key to ensure that we can learn as much as possible from the red run to improve our process and policy approach for the actual initial assessment of business plans. Key responsibility and outputs The successful candidate will be responsible for developing our thinking on, and material for the red run to best meet the objective of the red run, set out above. The key outputs and activities for this role are: - Advising on what should be included in the red run to test the initial assessment of business plans process most effectively. - Developing the thinking for, and drafting some parts of the red run material. o This will include parts of the 2-3 complete, but mock up, business plans. o It may also include a small number of additional scenarios relating to individual parts of business plans. - Contributing to the red run review / lessons learnt exercise, including advising on how the process could be improved. The candidate will work as part of an inter-disciplinary team of economists, engineers and accountants in Ofwat. The successful candidate will provide thought leadership and advice, but will not be required to fill a management role.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fe10d024-3478-402b-9084-b89ac33ea0e3 |
| 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 | 17 May 2018 |
| Submission deadline | 26 Feb 2018 |
| Future notice date | Not specified |
| Award date | 8 Mar 2018 |
| Contract period | 12 Mar 2018 - 31 May 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £55,000 |
| 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 | 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 | INDEPEN |

## CPV Codes

### Divisions

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

### Codes

- 79410000 - Business and management consultancy services

## Release History

- 17 May 2018 at 14:30 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fe10d024-3478-402b-9084-b89ac33ea0e3
- 19 Apr 2018 at 13:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fe10d024-3478-402b-9084-b89ac33ea0e3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fe10d024-3478-402b-9084-b89ac33ea0e3
  17th May 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/efd63e17-e563-4e32-9110-e843613ccdc3
  Contract

## 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-b5fd17-9bc51518-c903-4115-9f94-d04677118921. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9bc51518-c903-4115-9f94-d04677118921.json.