Review of Ofwat's New Appointments and Variations (NAV) Financial Viability Assessment

Amounts and figures

Description

Awarded contract following further-competition against the Government Commercial Agency (GCA) RM6309 Management Consultancy Framework Four (MCF4) - Lot 4: Finance. NAVs are water undertakers with a range of long-term responsibilities to customers and the environment. Ofwat has a duty to secure that water companies can (in particular through securing reasonable returns on their capital) finance the proper carrying out of their statutory functions. In licensing new NAV sites, we fulfil this duty by carrying out a financial viability assessment. We want a consultancy to review the effectiveness of our approach to assessing NAVs' financial viability and to recommend if, and how, our approach could be changed in the future. We want to improve the way we assess financial viability - which we also see as important for protecting customers and the environment - and, by communicating this, give applicants for NAV sites greater understanding of the requirements, thereby reducing the complexity and duration of the licensing application process. As NAV sites have matured and continue to grow in number, and more data has become available, we now see this as an appropriate time for…

Awards

Official publications

• Stage 2 of the Review of the Credit and Collateral Arrangements for the Business Retail Market
  Published: 22 September 2026
• Major Water Infrastructure Programme (MWIP) - Programmatic Delivery and Opportunity Assessment
  Published: 17 September 2026
• Technical support for DPC project Hampshire Water Transfer and Water Recycling project
  Published: 13 August 2026
• Technical support for Ford and Aylesford Water Recycling Project
  Published: 13 August 2026
• Major Projects System Analysis
  Published: 12 August 2026
• Interim Senior Associate (Policy), for Major Projects (6-months)
  Published: 12 August 2026
• Asset Health Metrics Pilot
  Published: 25 June 2026
• Asset Management Maturity Assessment (AMMA)
  Published: 12 May 2026
• International Supplier Market Engagement
  Published: 6 May 2026
• CCTV System for the Birmingham OFWAT office
  Published: 28 April 2026

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Frequently asked questions

What is the deadline to bid for this tender?

The submission deadline is 15 June 2026, 11:00. Check the official source, as dates can be modified.

What is the estimated value of this tender?

The estimated value published by the buyer is £77,130.

Who is the buyer of this tender?

The contracting authority is O F W A T (United Kingdom).

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