FAST Financial Modelling Training

Contract summary

Industry

• IT services: consulting, software development, Internet and support - 72000000

Location of contract

West Midlands

Value of contract

£0 to £14,800

Procurement reference

PROC.05.0042

Published date

27 March 2017

Closing date

22 November 2016

Contract start date

15 December 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

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Description

Ofwat is currently developing its approach to modelling quality assurance. As part of this approach, Ofwat is actively developing a common in-house modelling standard that reflects industry best practice, and it is likely that the FAST modelling standard will be at the core of this. To this end, Ofwat trained 12 individuals in the FAST financial modelling in 2015.

Ofwat is now seeking to train 24 more individuals in the FAST modelling standard. These individuals will be from a variety of professional backgrounds within our analytic resource pool, including engineers, accountants, economists and modellers.

The requirements is to deliver twice, a two full-day training course (days to run consecutively) on the FAST modelling standard for up to 12 participants (one in January and March 2017). At the end of the course students should have a good theoretical and practical understanding of the application of the FAST modelling standard.

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More information

Attachments

• R PROC 05.0042 _Redacted.pdf
• Contract notice

Additional text

Contract award and start date cannot be the same date in the Award section. Contract was dated 15/12/2016.

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Award information

Awarded date

14 December 2016

Contract start date

15 December 2016

Contract end date

31 March 2017

Total value of contract

£14,800

This contract was awarded to 1 supplier.

F1F9 UK Ltd

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About the buyer

Address

Centre City Tower
7 Hill Street
Birmingham
B5 4UA
England

Email

mailbox@ofwat.gsi.gov.uk