Public procurement notice: Prior Information Notice Without Call For Competition
Published: 2017-10-10
Buyer: Water Services Regulation Authority (Ofwat)
Country: UK
Contract type: Services
CPV classification: 66122000 | 66171000 | 71300000 | 72221000: Business analysis consultancy services | 79200000
Estimated value: 10000000 GBP

Technical requirements: Ofwat is looking for a delivery partner to work in partnership to support the delivery of the 2019 Price Review.
Ofwat is the economic regulator of the water and wastewater sector in England and Wales. One of the ways we regulate is to set the price, investment and service package that customers receive. Monopoly water companies, working with their customers, will develop business plans to cover the period of the next price control (2020-2025). Our role is to:
To help deliver PR19, we want to work with an external ‘delivery partner’ that will work collaboratively with us, providing support, analysis, advice, knowledge sharing and learning. We expect the delivery partner will have the capacity and capability to deliver under Ofwat's strategic direction, providing skills and expertise to support peaks in our workload that we require for a fixed period of time. This ensures value for money over a defined period as opposed to committing to permanent investment in resourcing.
Estimated contract start is April/May 2018, to allow the delivery partner to embed and be involved in development of processes and assurance before submission of company business plans (September 2018). The contract would then run until final determinations in December 2019, with a period of knowledge transfer and support for Ofwat in the event of any appeals to the Competition and Markets Authority on final determinations materialise afterwards. At a high level, any delivery partner would need to:
— support our learning environment by sharing knowledge and delivering learning, throughout the contract duration,
The key disciplines we require include regulatory economics, engineering, corporate finance and tax, financial and cost modelling support. We expect this work to involve assistance with initial assessment of company business plans (set out in the PR19 draft methodology) and our draft and final determinations of companies' price controls.
— advising on cost of capital and retail margins for all controls and assessing financeability of companies,
— managing data capture from company submissions and operating the financial model and modelling suite.
We intend to invite bids under a restricted procedure during October/November 2017 with contract award in April/May 2018. Within the contract we plan to use an incentive mechanism to encourage the successful supplier to perform above agreed standards. We currently estimate the contract value 10 000 000 GBP including any extension, expenses etc. excluding VAT.
We encourage interested parties to consider using SMEs through a consortium approach to support delivery of the requirement. We have published a directory of interested parties developed through market sounding to help facilitate networking.
For further information will be available on the supplier section of our website in the next few weeks.
Further information will also be available within the procurement documents, and or OJEU notices, as applicable, when published.
Further information will be available within the procurement documents, and or OJEU notices, as applicable, when published.
Note: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at http://www.myTenders.org/Search/Search_Switch.aspx?ID=202670


Award value: 10000000