WATER SERVICES REGULATION AUTHORITY
PR19 - Cost Benchmarking Models
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 objective of this work is to develop a suite of econometric cost models for our 2019 price controls.
The models will provide a strong basis for setting an efficient cost allowance for water companies across the different price controls.
The work will take into consideration lessons learnt from our PR14 econometric modelling approach and the CMA final determination following the reference made by Bristol Water.
In developing the models we expect close collaboration between the Contractor and Ofwat's cost assessment team as well as with our academic advisors of the University of Leeds.
The Contractor will be required to deliver high quality analysis and recommendations to inform our decisions on cost assessment models for PR19.
The Contractor will be required to deliver a report to support the Contractor's recommendations.
We expect to publish key findings from this work alongside the final methodology in December 2017.
Scope of work The project consists of three work packages which the Contractor should cost separately (see section 13): Work package 1 • Develop cost assessment models for the water resources and water network plus controls. • Review and critique models developed by the Customer for the bioresources, wastewater network plus and residential retail controls.
Work package 2 • Develop cost assessment models as above, as well as for the bioresources and wastewater network plus controls. • Review and critique models developed by the Customer for the residential retail control.
Work package 3 • Develop cost assessment models as above, as well as for the residential retail control.
Our intention for PR19 is to have a suite of econometric cost models that benchmark costs at the aggregate (wholesale) level, as well as a set of more granular models.
For example, models that benchmark and assess water treatment costs, treated water distribution costs, water resources costs etc.
What the notice asks for
The models will provide a strong basis
The models will provide a strong basis for setting an efficient cost allowance for water companies across the different price controls.
The Contractor will be required to deliver
The Contractor will be required to deliver high quality analysis and recommendations to inform our decisions on cost assessment models for PR19.
The Contractor will be required to deliver
The Contractor will be required to deliver a report to support the Contractor's recommendations.
The project consists of three work packages
The project consists of three work packages which the Contractor should cost separately (see section 13):.
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.
In developing the models we expect close collaboration between the Contractor and Ofwat's cost assessment team as well as with our academic advisors of the University of Leeds.
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.
Make the case to bid
Reveal who to approach at WATER SERVICES REGULATION AUTHORITY, and generate a go-to-market strategy from their news, accounts and people.
Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.
- OCID
- ef09f490-e12e-4b37-822e-d28fa6fdef8e
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- PROC.01.0569
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
Who wins this kind of work
The suppliers and buyers around this opportunity — drawn from official award data. Drag to orbit; click a node to explore.
Top suppliers & buyers in Business Services
WATER SERVICES REGULATION AUTHORITY’s tender network