O F W A T · Awarded contract

Awarded

Evaluation of Ofwat PR19 Customer-Focused Financial Policies

Awarded 14 Apr 2024

View live tenders

Awarded14 Apr 2024

Value£50,000.00

SupplierBaringa Services Ltd

AgencyO F W A T

RegionUnited Kingdom

CategoryConsultancy & Legal

Ended 2y 3mo ago4mo term

Awarded 14 Apr 2024Expired 29 July 2024

About

O F W A T awarded a contract to Baringa Services Ltd for the evaluation of policies introduced in PR19 aimed at encouraging water companies to consider customer interests in financial structure decisions, particularly regarding gearing levels above price determination assumptions, and to transparently demonstrate how dividend and performance-related executive pay policies account for customer delivery.

The contract, valued at AUD 50,000, required a report with an executive summary, main report, and appendices presenting evidence and references, providing an evidence-based narrative on the intended impacts of these policies.

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