Expired contract

Back in Balance Evaluation

Details

Value
£50,000
Duration
3 months
Topic
Consulting services for water-supply and waste consultancy
Published
30 September 2024

Tender description

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.

Timeline

  1. Completed: Award date15 April 2024
  2. Completed: Contract expiry date30 July 2024
  3. Completed: Award published30 September 2024
    Current notice

About the buyer

Water Services Regulation Authority, known as Ofwat, is the economic regulator for the water and sewerage industry in England and Wales. A professional procurement function supports contract managers across the organisation with day-to-day purchasing decisions.

Ofwat runs open competitions rather than working from a preferred supplier list, seeking quotations or full tenders for most purchases.

Over the past 5 years, most of Ofwat's contract awards have been in business services, architectural and engineering services and IT services.

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