Official UK procurement notice
Price Review 2024 - Supplementary Support
Authority: Water Services Regulation Authority (Ofwat) (Public body)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionThis Voluntary Ex-Ante Transparency (VEAT) relates the intention to award of a contract to provide additional capacity to support the delivery of the Price Review (PR24), through the provision of flexible access to high quality resources across a range of technical skillsets within the scope of the following workstreams: Risk and return / cost of capital; Financial modelling; Data governance and modelling coordination; Direct procurement for customers; Costs; Outcomes and Leadership/ Coordination.
The contract shall be awarded under Regulation 32 as Ofwat intends to award this public contract following the negotiated procedure without prior publication of a contract notice. Justification of this intention together with full details of the intended contract are included within sections II.2.4 and IV.1.1 of this notice.
CPV: Financial consultancy services
The lotProcurement structure
single lot · value publishedLot #1This is a VEAT notice and relates to Award notice reference 2022/S 000-029817 for the…AwardedRenewalPublished value£10,000,000
This is a VEAT notice and relates to Award notice reference 2022/S 000-029817 for the Delivery Partner for Price Review 2024.
It is the intention to award a separate contract to two suppliers - Grant Thornton UK LLP and PA Consulting Limited. The contracts will be used on a need only basis to respond to changing requirements throughout the period of the contract, in particular for those projects where the existing Delivery Partner contract for PR24 may be unable to fulfil the requirement.
The contract is intended to commence in September 2023 (subject to final agreement) and any required services shall complete by January 2025. The contract shall be capped to a value of GBP 1m ex VAT (GPB 1,200,00 incl VAT) for each supplier.
What it takes to wini
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 morei
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).
Published award criteria (2)
- Quality: 70
- Price: 30
- Staff
- Names and qualifications of delivery staff must be submitted
- 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 · publisher note attached- Procedure method
- Negotiated without publication of a contract notice
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/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
- No (one-off requirement)
- First published
- 21 Oct 2022, 16:05 BST
- Last source update
- 15 Aug 2023, 11:33 BST
- Award evaluation window
- 6 Jan 2023 – …
- FTS notice number
2023/S 000-023846- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-037809Find a Tender
- Why no open competition
Extreme urgency brought about by events unforeseeable for the contracting authority/entity and in accordance with the strict conditions stated in the directive
- Published justification
We placed a Contract Notice via the Find a Tender Service (FTS) in December 2022 for the original services. Following an Open procedure, we received bids from 3 consortia, led by Grant Thornton UK LLP, PricewaterhouseCoopers LLP and PA Consulting Ltd. PricewaterhouseCoopers LLP was awarded the contract as the highest scoring bidder.
Separate to the original contract award, additional capacity is required. This is a matter of strict necessity brought about by the following circumstances, all which were not foreseeable as follows:
- In April 2023 after the tender process concluded, Ofwat secured approval from HMT to increase the size of its budget to enable delivery of additional regulatory work on behalf of customers and the environment. The scale of work required under a number of areas - including PR24 where infrastructure investment will be larger than previous price reviews - has increased as a result.
- The need for Ofwat to have access to a wide range of advisors with the relevant capability and capacity and who are in a position to provide that support to Ofwat independently.
To address this, Ofwat is undergoing a period of growth in its in-house capacity and further procurement to bolster its access to third party support. However, this will not be fully completed in time to for the Price Review process. Business Plans are received in October 2023 and we do not have sufficient time to retender for potential additional capacity to ensure the successful Delivery of PR24, including time for the necessary onboarding.
To ensure successful delivery of PR24 we require flexible access to high quality resources across a range of technical skillsets. Therefore, it is the intention to award a contract to the two unsuccessful lead bidders from the original Open Procedure who also demonstrated access to these resources, along with their ability to deliver and to ensure best quality outcomes. The contracts will be used on a need only basis, in particular for those projects where the existing Delivery Partner contract may be unable to fulfil the requirement and for services of a lower value, up to a capped valued of GBP 1m +VAT for each supplier. It is our intention to adopt the original advantageous terms specified in the original tender process to ensure value for money.
We welcome any questions or comments regarding this VEAT notice during the prescribed period – please contact the Ofwat procurement team at [email protected]
Publisher note: NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at https://www.mytenders.co.uk/Search/Search_Switch.aspx?ID=230024. (MT Ref:230024)
How it was run
Official noticeTender documents are also served through a separate tool: https://www.mytenders.co.uk/ ↗
- Submission deadline
- 6 Jan 2023, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 6 Jan 2023, 12:00 GMT
Timeline
6 Jan 2023 → 15 Aug 2023 · 3 dates- Submission deadline6 Jan 2023, 12:00 GMT
- Bids opened6 Jan 2023, 12:00 GMT
- Notice published15 Aug 2023, 11:33 BST
Notice history
3 events · 5 releases on Find a Tender · since 14 Apr 2023- Status changed to complete14 Apr 2023, 10:03 BST
- Procurement method changed15 Aug 2023, 11:33 BST
- Buyer details updated15 Aug 2023, 11:33 BST
Published amendments (2)
Incorrect amount stated - the contract value is 10m GBP INCLUSIVE of VAT The contract value is a maximum of 8,333,333 GBP excluding VAT. It is 10,000,000 GBP (maximum) inclusive of VAT.
Required prior to contract - Carbon Reduction Plan Please note that the highest scoring bidder will need to provide a copy of their Carbon Reduction Plan prior to contract. My sincere apologies for missing this requirement when the tender was released. We have subsequently been advised by the Cabinet Office that a Carbon Reduction Plan (using the template at Annex A) is not required as part of thi…
Routine re-releases (5)
- 2022-10: 2 releases · 21 Oct 2022, 24 Oct 2022
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Pricewaterhouse Coopers LLP (PwC) | £8,333,333 † | — | Awarded |
| Grant Thornton UK LLP, PA CONSULTING SERVICES LTDjoint award | £1,200,000 † | — | Awarded |
Contracts
Contract 023846-2023-1 · Grant Thornton UK LLP, PA CONSULTING SERVICES LTD
- Signed
- 7 Aug 2023
- Value
- £1,200,000
- Status
- active
Contract 010735-2023-PROC.01.0754-1 · Pricewaterhouse Coopers LLP (PwC)
- Signed
- 30 Mar 2023
- Value
- £8,333,333
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3bids · 3 electronic · 3 from abroad | 0 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- High CourtReview body
- Public Procurement Review ServiceReview body
Bidders & participating suppliers
3 commercial parties on the notice- Grant Thornton UK LLPAwarded supplier
- PA Consulting Services LimitedAwarded supplier
- Pricewaterhouse Coopers LLP (PwC)Awarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria