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The Crier

Special Financial Support

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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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Awarded to

Deloitte LLPends (26 Jul 2018)
PRICEWATERHOUSECOOPERSends (26 Jul 2018)

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.

mailbox@ofwat.gsi.gov.uk