Targeted Review of Sludge and Water Resources Data and Revenues for Ofwat

About

The Water Services Regulation Authority awarded a contract to Cambridge Economic Policy Associates for a targeted review of sludge and water resources data, revenues, and asset valuation methodologies.

The review aimed to assess the robustness and consistency of data, improve understanding of sludge revenues (including non-appointed income), and examine the effect of the 2009 Modern Equivalent Asset Values revaluation.

The scope included reviewing companies' methodologies for recording and reporting costs, revenues, and assets in the water resources and sludge business units, and between appointed and non-appointed activities.

The contractor was required to attend and lead meetings with all 10 water and sewerage companies (WASCs), provide input into briefing packs, hold weekly discussions with the Ofwat team, and submit weekly budget reports.

Deliverables included a draft and final report detailing the approach and findings.

The contract value was £89,080.