Published date: 11 March 2020

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 5 February 2020

Contract summary

Industry

  • General management consultancy services - 79411000

Location of contract

West Midlands, London

Value of contract

£49,726

Procurement reference

PROC.01.0653 (A)

Published date

11 March 2020

Closing date

5 February 2020

Contract start date

17 February 2020

Contract end date

31 March 2020

Contract type

Service contract

Procedure type

Other: Negotiated Procedure Without Prior Publication Below OJEU

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

Work requirement (A) - Corporate Structures

We will provide the Supplier with the information that we currently hold on the ownership of each of the main 17 regulated water and waste water companies and would like the Supplier to identify actual or potential issues that could affect the regulated companies position, including:

Reviewing the structure and ownership of each holding company group.

Identifying issues in the structure (at holding company level/other associate company level) that could affect the regulated company in any way.

Anything else the Supplier identifies that is not listed above, to be agreed in advance.

The work should highlight any particular concerns about the financial position of the holding companies, how that impacts the regulated companies, and its ability to withstand the impact of cost shocks, access to new capital, and any reduction/cessation in the flow of dividends from the regulated company.

Where groups have undergone any restructuring activities in the last 2 years the work should provide a view on the purpose of that restructuring and any risks which might be associated with the approach that has been taken.


More information

Additional text

For Further Information;please contact procurement@ofwat.gov.uk


Award information

Awarded date

14 February 2020

Contract start date

17 February 2020

Contract end date

31 March 2020

Total value of contract

£49,725

This contract was awarded to 1 supplier.

BDO LLP

Address

55 Baker Street
London
W1U 7EU

Reference

Companies House number: OC305127

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Address

Birmingham
Birmingham
B54UA
England

Email

mailbox@ofwat.gov.uk