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    ContractsFinancial Viability Assessment Review for New Water Undertakers
    Awarded contract

    Financial Viability Assessment Review for New Water Undertakers

    Awarded
    £77.1k
    Published 13 Aug 2026

    Review and improve Ofwat's financial viability assessment methodology for independent water undertakers to streamline licensing and enhance sustainability.

    🇬🇧United KingdomPublished 13 Aug 2026· YesterdayviaContracts Finder
    Awarded
    £77.1k
    Published 13 Aug 2026

    Decision brief

    4 fields
    • Contract value
      £77,130
      Pounds sterling
    • Tender closed
      15 Jun 2026
      2 months ago
    • Sector
      Professional Services
      Browse related listings
    • Location
      🇬🇧United Kingdom

    Suppliers

    1 supplier
    • BH
      Bramble Hub
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published yesterday.

    13 Aug 202615 Jun 2026

    Brief

    Ofwat seeks a consultancy to review and improve its financial viability assessment process for New Appointments and Variations (NAVs) - independent water undertakers licensed to operate in England and Wales. The successful contractor will evaluate the effectiveness of current assessment methods, identify improvements, and recommend changes to streamline the licensing application process. This review is timely as NAV sites have matured and expanded, with more operational data now available. The improved assessment approach should enhance financial sustainability for existing and new NAV sites while providing clearer requirements to applicants, reducing application complexity and duration. The work ultimately supports Ofwat's statutory duty to ensure water companies can finance their operations and fulfil responsibilities to customers and the environment. This is a competitive contract awarded through the Government Commercial Agency RM6309 Management Consultancy Framework Four (MCF4) - Lot 4: Finance.

    Track record

    5 awards · 4 winners
    Open field

    No single supplier dominates the field.

    In professional services, O F W A T has awarded 5 contracts to 4 suppliers.

    Who wins here
    1. AECOM LTD2× · 40%
    2. OLIVER WYMAN1× · 20%
    3. Bramble Hub1× · 20%
    4. Morgan Hunt UK Ltd1× · 20%

    Across professional services, the most active winners are REED SPECIALIST RECRUITMENT LIMITED, KPMG LLP, Hays Specialist Recruitment Ltd — the field to beat, or your route in as a partner.

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    Take action
    View on sourceContracts Finder

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    contractsfinder.service.gov.uk
    Record ID
    9ea8fbd7-9ef0-4eb5-a2f1-a74fc79fcd5a-910648
    OF
    Buyer
    O F W A T
    Sector
    Professional Services