Published date: 22 March 2017
Last edited date: 22 March 2017
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Business and management consultancy services - 79410000
Location of contract
West Midlands, London
Value of contract
£0 to £74,287
Procurement reference
PROC.01.0535
Published date
22 March 2017
Closing date
16 November 2016
Contract start date
29 November 2016
Contract end date
31 March 2017
Contract type
Service contract
Procedure type
Other:
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
We are in the process of developing our methodology for PR19. We plan to consult on our methodology in July 2017.
To aid us in developing that methodology we are seeking advice and recommendations from the Contractors on the basis on which we should/could calculate future corporation tax allowances for regulated companies and the design and implementation of that future policy.
The proposals for any changes to our methodology should demonstrate how they achieve Ofwat's objectives that they are in the best interests of customers.
The proposals should also be straight forward to implement and the approach should be proportionate and consistent with the rest of the regulatory framework and should not place a disproportionate burden on companies.
We have set out below a number of key questions that we think that the Contractor should consider however we would also welcome further suggestions from the Contractor as to any other issues that should be considered as part of this work.
In undertaking this work the Contractor will need to have an understanding of both the regulatory regime in which Ofwat operates and a detailed knowledge of both existing tax legislation and proposed changes to it. The Contractor will therefore need to demonstrate that they can provide relevant expertise in both areas from within their own organisation or by partnering with an appropriately qualified third party.
Award information
Awarded date
28 November 2016
Contract start date
29 November 2016
Contract end date
31 March 2017
Total value of contract
£74,287
This contract was awarded to 1 supplier.
Deloitte LLP
Address
2 New Street Square
London
EC4A 3BZReference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Address
Centre City Tower
7 Hill Street
Birmingham
B5 4UA
England
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Closing: 16 November 2016
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