Published date: 24 May 2018
Last edited date: 24 May 2018
Awarded contract - This means that the contract has been awarded to a supplier.
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.
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 2RTReference
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
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Closing: 9 October 2017
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