---
title: "PR19 - Cost Benchmarking Models"
ocid: "ocds-b5fd17-f7633b84-e863-467f-9c76-df5ce1c1f4b3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f7633b84-e863-467f-9c76-df5ce1c1f4b3"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f7633b84-e863-467f-9c76-df5ce1c1f4b3.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f7633b84-e863-467f-9c76-df5ce1c1f4b3.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY"
published: "2017-12-22"
---

# PR19 - Cost Benchmarking Models

Buyer: WATER SERVICES REGULATION AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-f7633b84-e863-467f-9c76-df5ce1c1f4b3

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## Summary

The procurement process titled "PR19 - Cost Benchmarking Models" was conducted by the Water Services Regulation Authority, based in Birmingham, England. This important contract falls under the industry category of business and management consultancy services and was awarded through a selective procurement method by a call-off from a framework agreement. The tender was initiated for the purpose of developing econometric cost models to support the 2019 price controls, and the awarding of the contract took place on 18 August 2017, with the contract period spanning from 28 August 2017 to 8 December 2017.

This tender presents significant opportunities for businesses involved in consultancy, particularly those specialised in econometrics and cost analysis within the water sector. Firms that can demonstrate expertise in developing cost models and collaborating with regulatory bodies would be well-positioned to compete for similar contracts, as the authority seeks high-quality analysis and recommendations to inform cost assessment models. The lessons learned from previous models and ongoing collaboration with academic institutions like the University of Leeds further enhance the potential impact for qualified bidders in this area of public procurement.

## Notice

The objective of this work is to develop a suite of econometric cost models for our 2019 price controls. The models will provide a strong basis for setting an efficient cost allowance for water companies across the different price controls. The work will take into consideration lessons learnt from our PR14 econometric modelling approach and the CMA final determination following the reference made by Bristol Water. In developing the models we expect close collaboration between the Contractor and Ofwat's cost assessment team as well as with our academic advisors of the University of Leeds. The Contractor will be required to deliver high quality analysis and recommendations to inform our decisions on cost assessment models for PR19. The Contractor will be required to deliver a report to support the Contractor's recommendations. We expect to publish key findings from this work alongside the final methodology in December 2017. Scope of work The project consists of three work packages which the Contractor should cost separately (see section 13): Work package 1 * Develop cost assessment models for the water resources and water network plus controls. * Review and critique models developed by the Customer for the bioresources, wastewater network plus and residential retail controls. Work package 2 * Develop cost assessment models as above, as well as for the bioresources and wastewater network plus controls. * Review and critique models developed by the Customer for the residential retail control. Work package 3 * Develop cost assessment models as above, as well as for the residential retail control. Our intention for PR19 is to have a suite of econometric cost models that benchmark costs at the aggregate (wholesale) level, as well as a set of more granular models. For example, models that benchmark and assess water treatment costs, treated water distribution costs, water resources costs etc.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ef09f490-e12e-4b37-822e-d28fa6fdef8e |
| 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 | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Dec 2017 |
| Submission deadline | 11 Jul 2017 |
| Future notice date | Not specified |
| Award date | 17 Aug 2017 |
| Contract period | 27 Aug 2017 - 8 Dec 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £189,905 |
| 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 | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAMBRIDGE ECONOMIC POLICY ASSOCIATES |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 22 Dec 2017 at 16:37 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ef09f490-e12e-4b37-822e-d28fa6fdef8e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ef09f490-e12e-4b37-822e-d28fa6fdef8e
  22nd December 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/bb913146-629e-48a7-bcd5-1a309576a256
  Contract

## Provenance

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