---
title: "Business Cycle and Process"
ocid: "ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "WATER SERVICES REGULATION AUTHORITY (OFWAT)"
published: "2017-01-24"
---

# Business Cycle and Process

Buyer: WATER SERVICES REGULATION AUTHORITY (OFWAT)  
Current stage: Tender  
OCID: ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f.json)

## Summary

The Water Services Regulation Authority (Ofwat) is currently conducting a tender process titled "Business Cycle and Process," focusing on services related to corporate governance rating. This procurement, categorised under the CPV code 79212110, is set in the West Midlands and London regions of the United Kingdom. The tender period concludes on 7 February 2017, with an overall contract duration starting from 15 February 2017 and ending on 30 September 2017. With a minimum contract value of £50,000 and a total value of £70,000, this is an open procurement method under the open procedure.

This tender presents a significant opportunity for businesses specialising in corporate governance and compliance services. Businesses that can provide expertise in assessing and refining governance frameworks will find this particularly relevant. Small and medium-sized enterprises (SMEs) are encouraged to compete, as the tender is marked as suitable for such organisations. Engaging with this project could not only expand a business's portfolio but also enhance its reputation by collaborating with a prominent regulatory body like Ofwat.

## Notice

The overall objectives of the project are: Objective 1 - To identify the areas of work that make up our business cycle to provide Ofwat with additional assurance that its governance framework is transparent and produce a clear visual representation of our business cycle (the business cycle map). Objective 2 - Identify and document the processes and controls that need to be in place which give us assurance of delivery of the key components that make up the strategic business cycle. Objective 3 -. To review our current assurance map (high level control environment) to ensure it aligns with the identified business cycle. Objective 4 - To test current processes/controls in place to see whether they can be further streamlined and identify gaps in processes and controls, providing recommendations for filling or amending.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1c4fb7c3-7cb4-4dec-8170-d2cb7c969a8b |
| 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 | 24 Jan 2017 |
| Submission deadline | 7 Feb 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 15 Feb 2017 - 30 Sep 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,000 |
| 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 | TLG West Midlands (England), TLI London |

## CPV Codes

### Divisions

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

### Codes

- 79212110 - Corporate governance rating services

## Release History

- 24 Jan 2017 at 17:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/1c4fb7c3-7cb4-4dec-8170-d2cb7c969a8b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1c4fb7c3-7cb4-4dec-8170-d2cb7c969a8b
  24th January 2017 - Opportunity notice on Contracts Finder
- http://www.mytenders.org/search/show/search_view.aspx?ID=JAN137672
  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-aab5330c-cf0c-4218-a197-e9f59752a85f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-aab5330c-cf0c-4218-a197-e9f59752a85f.json.