What the buyer wrote
In 2009 Special Administration legislation was introduced which covered Insolvency procedures for the Water Industry. In effect this covers Insolvency procedures for the Water companies. In practice, we have never had to use the special administration arrangements and have no reason to believe that we will need to do so in future. We have an ongoing project to review the procedures for Special Administration and for water companies experiencing financial distress (which could lead to Special Administration). This is an enduring piece of work, and we have previously run exercises internally and discussed arrangements with key stakeholders as part of our normal preparation. As part…
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Details
- What the buyer calls it
- Special Financial Support
- How they are buying
- Called off an existing agreementThe work went to a supplier already on a framework or dynamic market.
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 25 Mar 2018
- Work ends
- 26 Jul 2018
Who the buyer named
The buyer published a contact address on this notice.
