WATER SERVICES REGULATION AUTHORITY
Call Off Agreement for Financial Modelling Services
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Business Services band — a substantial contract for the sector. Based on 57,319 valued Business Services tenders in our corpus.
The primary purpose of this work is to continue the development of the rebuilt, simplified, financial model in a way that is compliant with the FAST modelling standard.
We will publish versions of the financial model alongside our consultation on the draft PR19 methodology (July 2017) and the final methodology statement (December 2017.) Therefore, the work likely to arise under this call-off contract will be focused on making sure the financial model (and related models) reflects our latest policy decisions, and any consequential developments needed.
Continuing to share drafts of the financial model, and consult alongside our methodology, will allow for Ofwat to respond to stakeholder feedback, and is key to maintaining the transparency and credibility of our modelling approach for PR19.
This contract will also ensure that Ofwat is provided with the appropriate level of documentation and knowledge transfer to support use of the updated financial model and related models by both current and future staff.
Scope of Call Off Services We are looking for a Contractor to work partnership with our internal modelling staff to development the financial model and other related models which will be used in Price Review 2019.
As part of the requirement the Contractor will be required to support the knowledge transfer to internal staff of the development and industry best practice in this area.
We anticipate that the Contract will start in May 2017 and will continue to support the development of the financial model up until 31 March 2018.
We currently estimate that we may require up to 150 days of external support.
What the notice asks for
This contract will also ensure that Ofwat
This contract will also ensure that Ofwat is provided with the appropriate level of documentation and knowledge transfer to support use of the updated financial model and related models by both current and future staff.
As part of the requirement the Contractor
As part of the requirement the Contractor will be required to support the knowledge transfer to internal staff of the development and industry best practice in this area.
We anticipate that the Contract will start
We anticipate that the Contract will start in May 2017 and will continue to support the development of the financial model up until 31 March 2018.
We currently estimate that we may require
We currently estimate that we may require up to 150 days of external support.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What this notice demands of you
1 named, none in explicit obligation language. Each one is quoted from the notice.
Continuing to share drafts of the financial model, and consult alongside our methodology, will allow for Ofwat to respond to stakeholder feedback, and is key to maintaining the transparency and credibility of our modelling approach for PR19.
Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.
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- OCID
- 2e5bb110-4d9a-4844-96d5-cb764131f3ed
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- PROC.01.0560
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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