Published date: 3 September 2020
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
General management consultancy services - 79411000
Location of contract
West Midlands, London
Value of contract
£117,762
Procurement reference
PROC.01.0660
Published date
3 September 2020
Closing date
26 June 2020
Closing time
11am
Contract start date
2 July 2020
Contract end date
28 September 2020
Contract type
Service contract
Procedure type
Open procedure (below threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
The scope of this project encompasses three elements:
Developing a series of scenarios covering economic and social/behavioural changes arising from COVID-19
Identifying which aspects of water company businesses may be impacted (positively or negatively) in these scenarios, and assessing these impacts on water companies.
Projecting forward the scenarios and potential impacts on water companies to test the challenges and opportunities to deliver against the PR19 settlement under these scenarios.
The aim of this work is to understand in what situations water companies would be placed under greater stress due to the impact of COVID-19, what opportunities the new situation might present to them and what the overall effect in each considered scenario would be. This includes both financial elements as well as meeting outcome objectives. It should capture the range of options that water companies have available to them to respond to those scenarios, identify where there may be countervailing benefits or opportunities to companies, and highlight where regulation is a constraint. This work can then be used to understand areas to monitor in the future.
More detail on each element is provided in the ITT: it is envisaged that the first two elements will need to be carried out in parallel in order to meet the project timeline and for both to contribute to the third element.
The project will be overseen by an Advisory Group comprising of Ofwat, Water UK and three or four water companies. Each member of the Advisory Group may provide different feedback. It is anticipated that the Supplier will need to manage potential differences in views between Ofwat and Water UK and, where they remain, reflect those differences in the final report. The Supplier is not required to align with the position of either party but to present its own views which may or may not mirror those of the parties.
Award information
Awarded date
1 July 2020
Contract start date
2 July 2020
Contract end date
28 September 2020
Total value of contract
£117,762
This contract was awarded to 1 supplier.
Frontier Economics Limited
Address
Mid City Place
71 High Holborn
London
WC1V 6DAReference
Companies House number: 03752719
Supplier is SME?
No
Supplier is VCSE?
No
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Closing: 26 June 2020, 11am
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