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Awarded United Kingdom Services

Independent Monitor for South East Water

Buyer: The Water Services Regulation Authority

Published
30 September 2026
Estimated value
£5,000,000
Place of performance
GG
Procedure
Open procedure
Lots
1
Notice number
092253-2026
Reference
ocds-h6vhtk-06d963
Official source
Official source

CPV codes

Description

Ofwat has concluded a procurement for an Independent Monitor (IM) for South East Water. The purpose of the procurement is to appoint an IM to monitor, assess and report South East Water's progress in delivering a turnaround in their operational performance and resilience. The scope of the Monitor's role is intended to be consistent with undertakings accepted by Ofwat in its enforcement decisions concerning water supply resilience and customer care during supply interruption incidents, and compliance with a licence condition requiring the company to hold two Issuer Credit Ratings that are Investment Grade Ratings. The IM will support Ofwat's monitoring of the company's delivery of remediation actions required under the undertakings, including the development and implementation of a Performance Improvement Plan. The IM will provide independent assessment of progress, governance, risk management and delivery confidence, identify material risks to compliance and delivery, and report findings to Ofwat. The IM will support proportionate, risk-based regulatory oversight, while maintaining clear accountability with the company for delivery of the required improvements. The scope is expecte…

Awards

Awarded toAmountDate
GRANT THORNTON UK ADVISORY & TAX LLP £5,000,000 29 September 2026

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £5,000,000.
Who is the buyer of this tender?
The contracting authority is The Water Services Regulation Authority (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.