Source: https://tendernation.io/opportunities/01a13c6a-0aab-71f5-b8bc-3d1ccfc9b0ee/asset-management-policy-support awarded GB open procedure Suitable for SMEs # Asset Management Policy Support [Water Services Regulation Authority (Ofwat)](https://tendernation.io/buyers/water-services-regulation-authority-ofwat) Estimated value £49,975 Published 11 Mar 2021 Deadline Closed 16 Nov 2020 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Small contract value Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender The Supplier shall provide the following services to the Customer: To co-create, apply and evaluate our asset maturity framework with the water industry in England and Wales, and evaluation of company self-assessment using these frameworks. The work is expected to run in 2 stages: Stage 1 covers collaborative design and Stage 2 covers evaluation. The Supplier shall provide the following deliverables to the Customer as part of the Services: ### Deliverables 1, 2 and 3 The coverage of the asset maturity questionnaire is subject to further development and iteration with the sector. - Asset health policy and strategy: the existing asset management framework (policy and strategy) and associated terminology used within companies. - Line of sight between asset health and outcomes: how asset group performance and failure are linked to asset health outcomes and metrics, thus understanding the impact of failures and the benefit of managing these assets. - Asset health data: Understand asset group inspection and monitoring regimes, ensuring appropriate data (quality data of sufficient detail, history and frequency) is available for robust asset management decision-making. - Processes and systems for monitoring asset health: how asset health risks and performance are monitored through a package of metrics. Understand how collected data and available methods inform these metrics. - Investment planning and decision making how investment planning and decision-making tools and systems are used to find an adequate balance between risks, costs and performance over the long and the short term (across all asset groups). - Stakeholder and customer engagement how customers and stakeholders are engaged to understand the value that they place on asset health and resilience. - Assurance and reporting: Understand the existing corporate processes, systems and structures available to oversee and manage asset health/resilience risks and performance. - Asset health capability and continuous improvement how companies seek to continuously improve their asset management capability by promoting non-conformity, collaboration and innovation. Specifically the supplier will be expected to: - Review the draft maturity assessments and highlight any gaps /issues. - Advise on usability and ability to secure consistent output to aid comparability between companies. - Advise on data sets that could underpin company self-assessment. - Produce a refined maturity assessment for use in the sector. Make recommendations on potential next steps for the sector to strengthen maturity based on the insight gained. - Draw insight based conclusions from the submissions, including policy considerations for companies and regulators. - Identify and propose modifications to the maturity assessment in light of the first round of submissions for agreement by Ofwat. - Reshape the maturity assessment. - Any views / recommendations that the supplier has would be welcomed. Additional information: For further information, please contact Read full description ## CPV classification General management consultancy services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/2c28776a-ab72-468f-baf9-9aa98f9bbe02) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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