Skip to main content

We've saved some files called cookies on your device. These cookies are:

  • essential for the site to work
  • to help improve our website by collecting and reporting information on how you use it

We would also like to save some cookies to help tailor communications.

BETA
You're viewing an updated version of this service - your feedback will help us to improve it.

Contract Award Notice

Services-Financial Adviser MaPR

  • First published: 10 October 2019
  • Last modified: 10 October 2019
  • Version: N/A
  •  

  • This file may not be fully accessible.

  •  

Information icon

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
United Utilities Water Ltd
Authority ID:
AA76468
Publication date:
10 October 2019
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The appointed FA must demonstrate good experience in working on projects that have been required to satisfy the criteria set out in HM treasury 5 case model for project appraisal (the Green Book) and have strong credentials in assisting clients to prepare businesses cases under this model within similar timescales.

Experience in UK infrastructure projects and a UK regulated utilities environment will be highly desirable, particularly in advising on projects which have the UK Government and/or UK Economic Regulators as key stakeholders.

In particular, it will be important that the FA can demonstrate continuity (including effectively handling changes in key engagement team personnel) to consistently deliver the required services over such a timeframe.

Full notice text

Contract award notice – utilities

Section I: Contracting entity

I.1) Name and addresses

United Utilities Water Ltd

02366678

Lingley Mere Business Park

Warrington

WA5 3LP

UK

Contact person: Amy Foxall

Telephone: +44 1925678096

E-mail: regulatoryprocurementteam@uuplc.co.uk

NUTS: UKD

Internet address(es)

Main address: http://www.unitedutilities.com

Address of the buyer profile: https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/43984

I.6) Main activity

Water

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Services-Financial Adviser MaPR

Reference number: PRO004240

II.1.2) Main CPV code

66122000

 

II.1.3) Type of contract

Services

II.1.4) Short description

As part of its PR19 business plan submission, UU included a project provisionally called Manchester and Pennines Resilience (MaPR) which is intended to be delivered via Ofwat’s new direct procurement for customers (DPC) approach.

UU need the support of a financial adviser (FA) throughout the project to support and advise through to financial close out. The project will have a relatively long lead time until anticipated financial close (summer 2022).

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Lowest offer:   / Highest offer:  

II.2) Description

II.2.2) Additional CPV code(s)

66122000

II.2.3) Place of performance

NUTS code:

UKD

II.2.4) Description of the procurement

The appointed FA must demonstrate good experience in working on projects that have been required to satisfy the criteria set out in HM treasury 5 case model for project appraisal (the Green Book) and have strong credentials in assisting clients to prepare businesses cases under this model within similar timescales.

Experience in UK infrastructure projects and a UK regulated utilities environment will be highly desirable, particularly in advising on projects which have the UK Government and/or UK Economic Regulators as key stakeholders.

In particular, it will be important that the FA can demonstrate continuity (including effectively handling changes in key engagement team personnel) to consistently deliver the required services over such a timeframe.

II.2.5) Award criteria

Quality criterion: Technical / Weighting: 70 %

Cost criterion: Commercial / Weighting: 30 %

II.2.11) Information about options

Options: Yes

Description of options:

The initial contract term from award of the FA is expected to be 3 years, the duration of the agreement may be extended beyond financial close for up to a further 2 years. The period of these extensions will be at the company’s discretion. Extensions may be taken up if there is a delay to the project or if FA support is required post financial close out.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Negotiated with call for competition

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2019/S 095-230807

Section V: Award of contract

Contract No: 1

Title: Services-Financial Adviser MaPR

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/09/2019

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Ernst and Young LLP

GB773831408

1 More London Place

London

SE1 2AF

UK

Telephone: +44 2079512000

E-mail: eytenders@uk.ey.com

NUTS: UK

Internet address(es)

URL: http://www.ey.com

The contractor is an SME: No

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

High Court of England and Wales

City of Westminster

London

UK

VI.5) Date of dispatch of this notice

08/10/2019

Coding

Commodity categories

ID Title Parent category
66122000 Corporate finance and venture capital services Investment banking services and related services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
regulatoryprocurementteam@uuplc.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

Lines are open 8:30am to 5pm Monday to Friday.

Rydym yn croesawu galwadau'n Gymraeg.

We welcome calls in Welsh.