Published date: 24 May 2018

Last edited date: 24 May 2018

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


Closing: 9 October 2017

Contract summary

Industry

  • Business and management consultancy and related services - 79400000

Location of contract

West Midlands, London

Value of contract

£0 to £34,110

Procurement reference

PROC.01.0578

Published date

24 May 2018

Closing date

9 October 2017

Contract start date

12 October 2017

Contract end date

30 November 2017

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

We will publish our final methodology for PR19 in December 2017. As part of that, we will publish our final approach to cost of equity for the next price review, and confirm how we will analyse company business plan submissions once they are submitted in September 2018.
As such, we are looking to commission an update to the analysis carried out as part of the report on refining the balance of incentives for PR19 we published in July 2017.

Key Tasks
We would like the successful bidder to provide an updated view on the cost of equity in a lower for longer interest rate environment on a fully forward looking basis, taking account of critique from the consultancy reports linked in section 2.2 above, other relevant consultancy reports, and other up to date market data or information.

We would want this to take the form of a report that we would publish alongside the final methodology.

The Contractor will provide Ofwat with all spreadsheet models used in its assessment. All spreadsheet models should be compatible with 16-bit Excel 2013.


More information

Attachments


Award information

Awarded date

11 October 2017

Contract start date

12 October 2017

Contract end date

30 November 2017

Total value of contract

£34,110

This contract was awarded to 1 supplier.

PricewaterhouseCoopers LLP

Address

7 More London Riverside
London
SE1 2RT

Reference

Companies House number: OC303525

Value of contract

£34,110

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Address

Centre City Tower
7 Hill Street
Birmingham
B5 4UA
England

Email

mailbox@ofwat.gsi.gov.uk