1-10 of 10 results for subject:Ofwat
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My Lords, these new clauses and amendments in my name mainly take forward the recommendations of the Silk commission in relation to water and sewerage.
The Silk report recognised that water and sewerage devolution is a complex issue and that further work to consider the practical implications was needed. Following the...
My Lords, these new clauses and amendments in my name mainly take forward the recommendations of the Silk commission in relation to water and sewerage.
The Silk report recognised that water and sewerage devolution is a complex issue and that further work to consider the practical implications was needed. Following the...
My Lords, I thank the noble Lords who have participated in the debate on these amendments, which relate to water. I particularly welcome the contribution of the noble Lord, Lord Wigley, who moved his amendment with sensitivity and fairness on an issue which I know is very close to his...
My Lords, I thank the noble Lords who have participated in the debate on these amendments, which relate to water. I particularly welcome the contribution of the noble Lord, Lord Wigley, who moved his amendment with sensitivity and fairness on an issue which I know is very close to his...
To ask the Secretary of State for Environment, Food and Rural Affairs, whether she has consulted the Office of Water Services on the implications for its remit of the draft Transatlantic Trade and Investment Partnership.
To ask the Secretary of State for Environment, Food and Rural Affairs, whether she has consulted the Office of Water Services on the implications for its remit of the draft Transatlantic Trade and Investment Partnership.
The Department for International Trade is the lead department on the Transatlantic Trade and Investment Partnership (TTIP) and has established a process for regular cross-Whitehall engagement with relevant parts of Government, including Defra, to ensure matters arising from the TTIP discussions have been considered appropriately.
This House of Commons Library Briefing Paper examines the issue of water affordability. It includes statistics and analysis of the cost of customer bills; discussion of affordability and vulnerability; and information on the help that is available for customers struggling to pay. It also discusses the economic regulation of the industry as well as actions of the UK Government since 2009.
This House of Commons Library Briefing Paper examines the issue of water affordability. It includes statistics and analysis of the cost of customer bills; discussion of affordability and vulnerability; and information on the help that is available for customers struggling to pay. It also discusses the economic regulation of the...
Since we met in Committee last week, we have had the wonderful celebration of the Wales team’s great achievement in the European cup, which is a matter of enormous pride to us as a nation. I was delighted to see the celebrations on Saturday, which were the biggest thing to...
Since we met in Committee last week, we have had the wonderful celebration of the Wales team’s great achievement in the European cup, which is a matter of enormous pride to us as a nation. I was delighted to see the celebrations on Saturday, which were the biggest thing to...
To ask Her Majesty’s Government under what legislative provision OFWAT is able to waive the need for a public procurement process for lawyers and financiers for the Thames Tideway Tunnel for services contracts with fees of open-ended value, in the light of the limit for services contracts under the Public...
To ask Her Majesty’s Government under what legislative provision OFWAT is able to waive the need for a public procurement process for lawyers and financiers for the Thames Tideway Tunnel for services contracts with fees of open-ended value, in the light of the limit for services contracts under the Public...
The statutory provision is regulation 6(8) of the Water Industry (Specified Infrastructure Projects) (English Undertakers) Regulations 2013 (S.I. 2013/ 1582) ("the SIP Regulations"). This confers a power on Ofwat to waive the requirement imposed on a licensed infrastructure provider (being Tideway, in respect of the Thames Tideway Tunnel project) to put certain contracts out to tender under a modified version of the Utilities Contracts Regulations 2016 as set in Part 1 of Schedule 2 of the SIP Regulations. Tideway is neither a contracting authority nor a utility within the meaning of the Public Contracts Regulations 2015 or Utilities Contracts Regulations 2016 and so is not subject to the normal procurement rules.
Following a public consultation, Ofwat issued two notices under this provision that waived Tideway’s obligation to comply with the modified version of the Utilities Contracts Regulations in certain limited and defined circumstances. The second notice issued by Ofwat provided Tideway with a narrow exemption for certain specified professional services relating to their financing and corporate arrangements, and only to the extent that those services will be paid for by its shareholders rather than customers.
To ask Her Majesty’s Government why the Chief Executive of the Water Regulator OFWAT was permitted to participate in a promotional video for the services of PwC, which is adviser to the Regulator both for PR14 and the Thames Tideway Tunnel, many of the UK water companies, and the owners...
To ask Her Majesty’s Government why the Chief Executive of the Water Regulator OFWAT was permitted to participate in a promotional video for the services of PwC, which is adviser to the Regulator both for PR14 and the Thames Tideway Tunnel, many of the UK water companies, and the owners...
OFWAT’s Chief Executive took part in a digital case study describing the challenges of its 2014 price review (PR14) and the role of Price Waterhouse Coopers (PwC) as the PR14 delivery partner, contracted through open competition, to bring new skills and knowledge to OFWAT’s workforce to help secure a successful outcome. The case study was produced after the PR14 programme had ended and reflected the conclusion from OFWAT’s ‘lessons learned’ exercise that the delivery partner arrangement had been successful.
To ask Her Majesty’s Government what discussions they have had with Ofwat concerning the profits made by water companies between 2010 and 2015.
To ask Her Majesty’s Government what discussions they have had with Ofwat concerning the profits made by water companies between 2010 and 2015.
The Government has regular discussions with Ofwat about its strategic priorities and objectives for regulation of the water sector.
Ofwat sets price controls independently of Government. This independence is crucial to ensure stable economic regulation which keeps investment costs down and customer bills low.
In 2009, Ofwat set price controls for the period from 2010 to 2015. During this period water companies benefited from several factors outside their control, including low taxation and low borrowing costs. In March 2013, Ofwat challenged companies to share gains with their customers. The then Secretary of State wrote to companies in November 2013 in support of Ofwat’s drive. As a result, companies absorbed costs and provided water bill discounts worth £435 million over this period.
In 2014, Ofwat delivered a tough price review which means that bills will fall by around 5% in real terms from 2015 to 2020.