Source: https://tendernation.io/opportunities/01a13be4-9eac-70ab-bc2d-a6b28c8e3322/2025-era-external-regulatory-assurance-2025-0191-ws3202969892

closed GB open procedure

# 2025 ERA External Regulatory Assurance (2025 0191- WS3202969892)

[Anglian Water Services](https://tendernation.io/buyers/anglian-water-services)

Estimated value

£3,850,000

Published

17 Jul 2026

Deadline

Rolling deadline

## Who can bid

- Split into 3 lots

    You can usually bid for just the lots you can deliver.
- Sets up a framework

    Winning a place does not guarantee work: contracts are awarded later as call-offs, and the list usually stays closed for years.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

- 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

Read full description

## CPV classification

Business and management consultancy services

Source

Find a Tender (UK) · Notice ocds-h6vhtk-06ce51-2026-07-17T18:27:08+01:00

[View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-06ce51-2026-07-17T18:27:08+01:00)

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