---
title: "Back in Balance Evaluation"
ocid: "ocds-b5fd17-eca011d9-6348-4dfc-906d-f4d86748edab"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-eca011d9-6348-4dfc-906d-f4d86748edab"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-eca011d9-6348-4dfc-906d-f4d86748edab.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-eca011d9-6348-4dfc-906d-f4d86748edab.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "O F W A T"
published: "2024-09-30"
---

# Back in Balance Evaluation

Buyer: O F W A T  
Current stage: Award  
OCID: ocds-b5fd17-eca011d9-6348-4dfc-906d-f4d86748edab

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## Summary

The procurement process, titled "Back in Balance Evaluation," was managed by Ofwat, focusing on consulting services for water-supply and waste consultancy (CPV: 71800000). Located primarily in England and Wales, this process involved a selective procurement method through a call-off from a framework agreement. The tender, valued at £50,000, progressed to the award stage with Baringa Services Ltd being selected as the supplier. Key dates included the end of the tender period on 15 March 2024, with the contract period spanning from 15 April 2024 to 30 July 2024. The award was officially published on 30 September 2024.

This tender represents substantial opportunities for businesses specialising in consulting services, particularly those with expertise in financial evaluation and policy impact assessment within the water sector. SMEs are well-suited to compete in such procurements, thanks to Ofwat's emphasis on inclusive and transparent practices. Companies with robust analytical capabilities and experience in regulatory environments will find this contract beneficial for expanding their portfolios and demonstrating their capacity to influence key industry policies significantly.

## Notice

We are seeking an evaluation of the policies put forward by Ofwat in PR19 designed to encourage companies to take the interests of customers into account when determining financial structure, particularly where gearing levels are materially above assumptions that underpin price determinations and to transparently demonstrate how their policies relating to dividends and performance-related executive pay take account of delivery for customers. We would like a report that seeks to provide insights and evidence of the issues highlighted above. This report should have an executive summary as well as the main report and may use appendices to present any evidence/references that has been collected. This report will need to present an overall evidence-based narrative, highlighting where the evidence does (and does not) exist that our policies had their intended impacts, drawing on in-house Ofwat evaluation expertise as required.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/affb6008-1ca3-478d-b446-475633870927 |
| 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 | 30 Sep 2024 |
| Submission deadline | 15 Mar 2024 |
| Future notice date | Not specified |
| Award date | 22 Mar 2024 |
| Contract period | 14 Apr 2024 - 30 Jul 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| Lots value | Not specified |
| Awards value | £50,000 |
| 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 | O F W A T |
| 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 | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England), TLL Wales |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BARINGA SERVICES |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

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

## Release History

- 30 Sep 2024 at 09:27 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/affb6008-1ca3-478d-b446-475633870927

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/affb6008-1ca3-478d-b446-475633870927
  30th September 2024 - 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-eca011d9-6348-4dfc-906d-f4d86748edab. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-eca011d9-6348-4dfc-906d-f4d86748edab.json.