Strategic Regulatory Advice for Ofwat's PR24 Price Review and Performance & Outcomes Clusters

Awarded 21 Dec 2020

View live tenders
Awarded21 Dec 2020
Value£325,462.00
RegionWest Midlands
CategoryConsultancy & Legal
Ended 5y 7mo ago3mo term
Awarded 21 Dec 2020Expired 30 Mar 2021

Water Services Regulation Authority (Ofwat) awarded a contract to FTI Consulting LLP and Ove Arup & Partners International Ltd for strategic regulatory advice under the CCS Management Consultancy Framework 2 (RM6008), Lot 4.

The contract, valued at £325,462, sought up to nine policy support roles across two clusters: PR24 and beyond, and Performance & Outcomes.

The PR24 cluster involved shaping and designing the 2024 price review, including simplification and scope of the price review, design of price controls, incentives, and market facilitation.

The Performance & Outcomes cluster focused on driving improvements in company performance through intelligent monitoring and developing regulatory policy.

The roles provided Principal-level support and required transferable skills across multiple policy areas.

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