---
title: "Provision of Regulatory Reporting Advice"
ocid: "ocds-r6ebe6-0000752457"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000752457"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000752457.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000752457.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "WATER INDUSTRY COMMISSION FOR SCOTLAND"
published: "2024-02-09"
---

# Provision of Regulatory Reporting Advice

Buyer: WATER INDUSTRY COMMISSION FOR SCOTLAND  
Current stage: Award  
OCID: ocds-r6ebe6-0000752457

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## Summary

The Water Industry Commission for Scotland is currently running a tender titled "Provision of Regulatory Reporting Advice" in the services category. The procurement process is in the active stage with the deadline for tender submission set for January 11, 2024. The location for this opportunity is in Stirling, United Kingdom. The buying organization, Water Industry Commission for Scotland, is seeking businesses to develop Business Plan guidance, templates, and definitions for data collection from Scottish Water. The procurement method is an open procedure, and interested businesses can find more details on the Public Contracts Scotland website.

This tender for the provision of regulatory reporting advice presents an opportunity for businesses specializing in services related to regulatory accounting, transfer pricing rules, engineering, and asset management. Companies with expertise in financial regulations, data analysis, and business planning are well-suited to compete for this contract. The Water Industry Commission for Scotland aims to enhance its regulatory reporting processes, allowing businesses to contribute to improving operational efficiency and financial transparency within the water industry sector. Interested parties should review the tender documentation and submit their proposals electronically before the specified deadline.

## Notice

Development of Business Plan guidance, templates and definitions for collection of data from Scottish Water

### Lot Information

Engineering and asset management

Development of guidance, data templates and accompanying definitions in several areas, including, but not limited to: (i) levels of service performance; (ii) the current asset inventory, focusing on the distribution of assets in each asset category by age profile; (iii) asset replacement interventions, with reference to the asset inventory, using the age profile of the assets in each category as a proxy for targeting proposed replacement interventions; (iv) enhancement and growth investment, removing the element of investment that relates to the replacement of any existing assets and setting out the outputs to be delivered from each proposed project, when those outputs will be delivered and at what cost. The contractor will need to assist WICS with developing the definition for enhancement and growth investment, versus asset replacement investment, which would then feed into the definitions for the updated regulatory accounting rules; (v) current costs for standardised capital projects (previously known as the cost base), which was used to estimate the scope for procurement efficiency in previous regulatory control periods; and (vi) base assumptions such as growth.

Regulatory accounting and transfer pricing rules

1. Refresh of regulatory accounting rules covering the regulatory financial statements that Scottish Water prepares for WICS. The refresh is expected to cover areas such as (i) the allocation of expenditure between operating and capital expenditure; (ii) the definition of the different categories of capital expenditure, including optimised replacement, enhancement and growth; and (iii) recording all potential liabilities being stored up for future generations of customers, including any difference between the how much Scottish Water should be spending to replace assets each year on average (based on asset values and expected asset lives) and what it actually spends to replace assets in that year). 2. Review of the rules in place to underpin intra-company transactions or transactions with associate entities, including requirements for market testing and full cost recovery. 3. Develop guidance, data templates and accompanying definitions to show Scottish Water's current and forecast performance in the areas above, including operating and capital expenditure.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB498431 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Feb 2024 |
| Submission deadline | 11 Jan 2024 |
| Future notice date | Not specified |
| Award date | 9 Feb 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £90,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Unsuccessful |
| Lots status | Unsuccessful |
| Awards status | Unsuccessful |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WATER INDUSTRY COMMISSION FOR SCOTLAND |
| Locality | STIRLING |
| Post town | Falkirk and Stirling |
| Postcode | FK8 1JH |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM0 Eastern Scotland |
| ITL 3 | TLM02 Perth and Kinross, and Stirling |
| Local authority | Stirling |
| Electoral ward | Stirling North |
| Westminster constituency | Stirling and Strathallan |
| Delivery location | TLM77 Perth and Kinross, and Stirling |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 71310000 - Consultative engineering and construction services
- 79200000 - Accounting, auditing and fiscal services
- 79400000 - Business and management consultancy and related services

## Release History

- 9 Feb 2024 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB498431
- 8 Dec 2023 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC494451

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC494451&idx=1
  8th December 2023 - Invitation to tender and submission guidance
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC494451&idx=2
  8th December 2023 - Appendix C: Standard terms and conditions
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC494451
  Provision of Regulatory Reporting Advice - Development of Business Plan guidance, templates and definitions for collection of data from Scottish Water
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB498431
  Provision of Regulatory Reporting Advice - Development of Business Plan guidance, templates and definitions for collection of data from Scottish Water

## Notice URLs

- http://
- http://www.publiccontractsscotland.gov.uk
- http://www.watercommission.co.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000752457

## 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-r6ebe6-0000752457. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000752457.json.