RAPID 2 x Interim Junior Economists

Contract summary

Industry

• Supply services of personnel including temporary staff - 79620000

Location of contract

London

Value of contract

£87,000

Procurement reference

PROC.04.0187

Published date

12 October 2022

Closing date

22 November 2021

Closing time

5pm

Contract start date

7 December 2021

Contract end date

1 March 2022

Contract type

Service contract

Procedure type

Call-off from a framework agreement

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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Description

Preference is to have 2 candidates from the same Supplier for ease of contract management but if not possible then will consider one from each Supplier.
We would like to engage 2 interim junior economists for the RAPID cluster, shaping the commercial and regulatory frameworks for large strategic water supply projects such as new reservoirs and large-scale water trades between companies. This is an area where Ofwat is working in partnership with quality regulators and other Government bodies.
Role expectations
The development of nationally significant water supply infrastructure is a positive step towards ensuring resilient supplies of water. This requires new and innovative thinking around the way that we regulate water supply infrastructure.
You will be responsible for:
• Contributing to the development of the policy framework for how we regulate infrastructure projects under different commercial models to encourage the long-term development of water supply options;
• Taking the lead on areas of the policy framework including the preparation of policy papers;
• Preparing elements of the RAPID major consultation document due for publication at the end of 2021;
• Providing economic analysis and advice to the RAPID commercial and regulatory team.
We need highly motivated interim junior economists to help RAPID shape the commercial, regulatory and institutional arrangements that will have a tangible and meaningful impact on society for many generations to come. The successful candidates are expected to have a strong foundation in technical economic skills.
The successful candidates will have excellent written and oral communication skills, policy development skills, and the ability to deliver against challenging deadlines.
You will have a significant degree of autonomy and responsibility. You are expected to be a self-starter and to exercise your judgement responsibly in line with our strategy and ways of working. You will use your well-developed ability to communicate persuasively and engage with stakeholders, both internally and externally, including explaining economics concepts and thinking to non-technical audiences.
These roles would suit junior economists seeking to apply their skills to a high profile and fast-developing area.
Some of the key areas of work include:
• Preparing elements of the RAPID major consultation due for publication by the end of 2021.
• Leading on areas of the policy framework including drafting of policy papers.
• Supporting the development of wider regulatory and commercial frameworks to support large scale multi-party infrastructure development.
• Providing wider support of the RAPID team in delivering its forward programme and the interactions with other Ofwat clusters (primarily Performance and Outcomes and Company Performance and Price Reviews).

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Award information

Awarded date

2 December 2021

Contract start date

7 December 2021

Contract end date

1 March 2022

Total value of contract

£87,000

This contract was awarded to 1 supplier.

Michael Page international Recruitment Limited

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About the buyer

Contact name

Lena Cluxton

Address

7 Hill Street
BIRMINGHAM
B5 4UA
England

Telephone

0121 644 7534

Email

mailbox@ofwat.gov.uk