# Allocation of Risk \(PROC\.01\.0679\)

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Water Services Regulation Authority \(Ofwat\)](/buyers/water-services-regulation-authority-ofwat/contract-awards)
- Tender value: £125,000
- Published: 18 December 2020
- Planned start: 25 January 2021
- Planned end: 31 March 2021
- Stage: open_tender
- Procurement category: services
- Notice ID: 17693a46-fb1d-4e3e-b355-686c787fe300-401850
- OCID: ocds-b5fd17-3586bff7-d917-4494-89ee-4c0aa0ca2ba0

## Description

A range of external factors impact on water company costs and outcomes\. These include, for example, changes input prices and wages, the impacts of the weather and inflation\. Internal management can also impact directly on costs and outcomes, by affecting the efficiency of the business, and can also act to mitigating some of the impacts of external factors\. Our price review framework has a number of mechanisms to share these risks between companies and consumers\. We are looking to procure consultancy services to review the effectiveness of this framework\.

## Related contract awards

- [Ofwat Innovation Fund delivery partner 2025-30](/contracts/ocds-b5fd17-f5b314d0-3c71-4af5-8083-8484cbde4dbd): Water Services Regulation Authority \(Ofwat\)
- [Delivery Partner for Price Review 2024](/contracts/ocds-b5fd17-ac353536-07a3-46e6-998c-cd4aa1eef82d): Water Services Regulation Authority \(Ofwat\)
- [Interim Learning and Organisation Development Partner](/contracts/ocds-b5fd17-26609017-ddff-44d1-a244-274b27d17fa9): Water Services Regulation Authority \(Ofwat\)

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/17693a46-fb1d-4e3e-b355-686c787fe300-401850)