PROC.0226

Water Services Regulation Authority (Ofwat)
Selective procedure
13 March 2026 to 31 March 2028

The contract involves providing additional resources to support the implementation of Price Review (PR) policies. Key activities include delivery assurance, monitoring company compliance with regulatory commitments, and conducting in-period assessments. The work requires technical expertise in financial consultancy and regulatory oversight to ensure adherence to final determinations.

Open the official notice

Awarded value: £750k; As published
Published: 15 April 2026; Contracts Finder
Awarded: 5 March 2026; Turner & Townsend and Mott MacDonald
Contract length: 25 months; Ends 31 March 2028

What the buyer is asking for

Provision of specialist financial and regulatory consultancy services to support delivery assurance and in-period assessments for infrastructure policy implementation.

Category: Financial consultancy, financial transaction processing and clearing-house services

Lifecycle

Publishedon Contracts Finder
15 April 2026
Contract awardedto Turner & Townsend and Mott MacDonald
5 March 2026
Contract starts
13 March 2026
Contract ends
31 March 2028

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The buyer

Type: Other public body
Competition economics contracts, 24 months: 10
Open competition economics tenders: 0
Typical competition economics contract: £81k

See everything Water Services Regulation Authority (Ofwat) buys →

How it compares

9.5× the typical competition economics contract (£79k).

Cite this contract

Link: https://bidskim.com/tender/1309302/proc-0226
Buyer reference: Price Review Engineering Consultancy Support
Open contracting ID: ocds-b5fd17-8d881305-0e13-4444-94e0-61224f78d79d
Source: Contracts Finder
Last checked: 12 October 2026

Water Services Regulation Authority (Ofwat). PROC.0226. Contract award, 15 April 2026. BidSkim, https://bidskim.com/tender/1309302/proc-0226 (accessed 12 October 2026).