Advisory Services on Social Purpose and Social Contract for Water Companies
Awarded 01 Mar 2019
About
Water Services Regulation Authority (Ofwat) awarded a contract to Hodgkin Associates Limited for advisory work on the social purpose of water companies.
The contract covered the general case for a social contract, including board arguments for and against companies adopting a broader social purpose, examples of where this is occurring, and a high-level review of arguments around the social contract and why some businesses appear to be adopting these principles.
It also involved defining problems in the water sector and how a social contract could address them, with a focus on legitimacy and political arguments and counter-arguments.
The contract value was £20,000.
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