Strategic Regulatory Advice for Ofwat's PR24 Price Review and Performance & Outcomes Clusters
Awarded 21 Dec 2020
About
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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