Targeted Review of Asset Health and Resilience in the Water Industry
Awarded 01 Feb 2017
About
The Water Services Regulation Authority awarded a contract to Halcrow Group Limited for a targeted review of asset health and resilience in the water industry.
The review provided a comprehensive assessment of asset health reporting, including identification of outliers, and enabled Ofwat to assess whether companies are taking full ownership of and responsibility for asset health.
It evaluated the balance of performance and condition monitoring within the context of new technology and the assurance companies receive for new assets.
The scope covered companies' evaluation, management, and interventions regarding asset health, with recommendations for alternative approaches for PR19 within the context of a total expenditure approach to cost assessment and the outcomes framework.
Key tasks included attending and leading meetings with water companies, providing input into pre-meeting briefing packs, holding weekly discussions with the Ofwat team, sending weekly budget emails, and reviewing available technology and approaches for performance and condition monitoring.
The contract value was £87,420.
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