Published date: 4 February 2021

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


Closing: 30 September 2020, 12pm

Contract summary

Industry

  • General management consultancy services - 79411000

Location of contract

West Midlands, London

Value of contract

£25,000

Procurement reference

PROC.01.0671

Published date

4 February 2021

Closing date

30 September 2020

Closing time

12pm

Contract start date

6 October 2020

Contract end date

30 November 2020

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes


Description

Review of issues related to the allowed return in the CMA's provisional findings report on Ofwat's 2019 price review in response to four companies' appeals, including:

Review of estimation windows for cost of capital data

Total market return - comment on use of inflation, gearing assumption and volatility adjustment

Equity beta - comment on estimation windows, data frequency and the gearing assumption

Cost of debt - comment on the estimation window and the outperformance adjustment

Aiming up - comment on the CMA's approach to aiming up and interaction with financeability

Risk free rate - comment on appropriate use of parameters to calculate the risk free rate


More information

Additional text

For further information, please contact procurement@ofwat.gov.uk


Award information

Awarded date

5 October 2020

Contract start date

6 October 2020

Contract end date

30 November 2020

Total value of contract

£25,000

This contract was awarded to 1 supplier.

Eversden Economics Ltd

Address

Construction House
Runwell Road
Wickford
Essex
SS11 7HQ

Reference

Companies House number: 05990472

Supplier is SME?

Yes

Supplier is VCSE?

No


About the buyer

Address

Birmingham
Birmingham
B54UA
England

Email

mailbox@ofwat.gov.uk