2025 ERA External Regulatory Assurance (2025 0191- WS3202969892)

Anglian Water Services

Published: Jul 17, 2026

Updated: Jul 17, 2026

Source: uk_fts

About This Opportunity

This is a consulting contract in the architecture and engineering, environment and climate and finance and banking sectors, with a focus on Insurance. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 3.9 million.

Published through UK FTS - Find a Tender Service, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for consulting in the architecture and engineering sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. Interested parties should review the full documentation on the original source before submitting their proposal.

Description

Lot 1 – Technical Assurance
. Engineering design and technical scope
. Optioneering and option-selection processes
. Alignment between need, scope, solution and outcomes
. Deliverability and programme milestones
. Asset-management evidence and decision-making
. Risk registers and technical risk assessments
. Scope changes and change-control processes
. Data lineage, data quality and evidence trails
. Consistency with PR24 submissions, previous regulatory submissions and agreed assumptions
. Environmental, statutory and regulatory drivers
. Dependencies between schemes, programmes and strategic plans
. The completeness, accuracy and robustness of technical evidence used to support Board and regulatory submissions
Lot 2 – Cost & Efficiency Assurance
. Cost-estimating methodologies
. Unit rates and cost build-up assumptions
. Comparative cost assessment and benchmarking including a range of econometric techniques
. Cost drivers and explanatory factors
. Risk, uncertainty and optimism-bias allowances
. Scope-cost alignment
. Allocation between base and enhancement expenditure
. Cost escalation and inflation assumptions
. Change control and change-control processes
. Including, but not limited to checking Stata code and excel packages
. Material movements from PR24 assumptions or other established benchmarks
. Evidence quality and auditability
. Consistency between costs, identified needs, benefits and expected outcomes
Lot 3 – Financial Assurance
. PR29 financial data tables and associated working papers
. Anglian’s use of Ofwat’s financial model
. Feeder models used to populate Ofwat’s financial model
. Financial model controls, including version control, formula integrity, change control, access control, input checks and output reconciliations
. Documented processes for preparing, reviewing, approving and submitting financial information
. Data lineage from source systems, working papers and feeder models through to final submission tables
. Consistency between financial data tables, the financial model, business plan narrative, Board papers and assurance statements
. Financial assumptions, including inflation, interest rates, dividend assumptions, gearing, PAYG, RCV run-off and other relevant financial parameters
. Financeability assessments using both actual and notional capital structures
. Calculation and presentation of relevant financial ratios
. Economic and company-specific scenarios, including the treatment of the CPI/RPI wedge where relevant
. Sensitivity testing and downside scenarios
. Evidence supporting key assumptions and judgements
. The adequacy of commentary explaining material movements, uncertainty, judgement and links to the wider plan

Technical - as described in the tender documents

Cost & Efficiency - as described in the tender documents

Financial - as described in the tender documents

Data provenance

This notice is sourced from UK FTS - Find a Tender Service and was originally published on July 17, 2026. Last refreshed today. Reference: 068010-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Anglian Water Services

Anglian Water Services has issued 2 procurement notices on BidsFactory, including 2 currently open and 0 awarded contracts. Activity concentrates in Architecture & Engineering Services, Water & Sanitation, and Energy & Power. All notices are published for United Kingdom. Notices are distributed via UK FTS - Find a Tender Service. Most recent publication: July 17, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK FTS - Find a Tender Service to access the full notice, required documents, and submission instructions. Quote reference 068010-2026 when communicating with the contracting authority.

Who is the contracting authority?

This notice was issued by Anglian Water Services in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Consulting contract in the Architecture & Engineering Services sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

What is the estimated budget?

The estimated contract value is £3,850,000 - £3,850,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.