Find a TenderAwarded
Published 19 Jul 2022, 12:33 BST

Official UK procurement notice

C1142 - Provision of Specialist Services in Economic Regulations to support NIW

Official notice

Authority: NI Water and its subsidiaries

ServicesOpen procedureSME suitable
Published estimate£700,000exc. VAT
Submissions closed 15 Aug 2022awarded 27 Sept 2022
Awarded to Economic Insight Limited

What is being bought

Published requirement description

NI Water wishes to engage subject matter experts to advise on economic regulatory matters throughout the PC21 price control period. Advice is sought on regulatory aspects impacting NI Water currently or in the future. Please refer to Appendix 1 - Specification for further details.

  • Recurrence: Unknown

CPV: Economic research services · Financial consultancy services · Financial consultancy, financial transaction processing and clearing-house services · Financial management consultancy services · Public utilities

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£700,000

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published sub-criteria (2)
  • Quality - Technical: 70%
  • Price: 30%
Published award criteria (2)
  • Quality - Technical: 70
  • Price: 30
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0025 Utilities Contracts Regulations 2016 (Directive 2014/25/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · Unknown
First published
19 Jul 2022, 12:33 BST
Last source update
30 Nov 2022, 10:28 GMT
Award evaluation window
15 Aug 2022 – …
FTS notice number
2022/S 000-033887
Classification (CPV)
Economic research servicesFinancial consultancy servicesFinancial consultancy, financial transaction processing and clearing-house servicesFinancial management consultancy servicesPublic utilities
Delivery area
Northern Ireland (UKN)
Official registry OCID
ocds-h6vhtk-03536a Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

How it was run

Official notice
Run through: eTendersNI · Who buys & how to bid on eTendersNI
Supplier login requiredLanguage: EN
Access & registration note: Free Northern Ireland registration

Tender documents are also served through a separate tool: https://etendersni.gov.uk/epps ↗

Submission deadline
15 Aug 2022, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
15 Aug 2022, 12:30 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

15 Aug 2022 → 30 Nov 2022 · 4 dates
  1. Submission deadline
    15 Aug 2022, 12:00 BST
  2. Bids opened
    15 Aug 2022, 12:30 BST
  3. Bids must remain valid until
    13 Nov 2022, 23:59 GMT
  4. Notice published
    30 Nov 2022, 10:28 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    30 Nov 2022, 10:28 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £700,0001 contract exc. VAT
Bids received 41 from SMEs
Contracts signed 1latest 27 Sept 2022
Awarded toValueDateStatus
Economic Insight LimitedSMEContract£700,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids · 4 electronic · 1 from abroad1——

Contracting authority & participating public bodies

NI Water and its subsidiaries

Contracting authorityWater Westland House, Belfast, UK, BT14 6TEContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • NI WaterReview body Belfast

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria