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RCV Indexation: real term price effects

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What the buyer wrote

The objective of this work is to provide supporting evidence to assist our decision on whether to move away from RPI to an alternative form of indexation for the RCV and revenue controls for future price control periods. There are a number of potential arguments supporting a shift from RPI to CPI: • CPI is gaining legitimacy as an alternative indexation measure to RPI. In fact, while the 2015 Johnson review suggested that ‘no taxes, benefits or regulated prices should be linked to the RPI’ and that the ONS shall request regulators to justify why they continue to use RPI in price controls, a number of other regulators and public bodies have already moved to CPI indexation for at least pa…

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Awarded to

Oxera£95kends (31 Mar 2016)

Details

What the buyer calls it
RCV Indexation: real term price effects
How they are buying
The buyer did not say
Type
services
Suitable for small firms
The buyer says yes. What that is worth
Work starts
7 Dec 2015
Work ends
31 Mar 2016

Who the buyer named

The buyer published a contact address on this notice.

mailbox@ofwat.gsi.gov.uk