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ocds-b5fd17-feaf92d8-46f5-4554-9857-c1fd0286864bPublished facts
0ddaa224-48b5-4d3b-9166-2c9138b4f581-137211We are in the process of developing our methodology for PR19. We plan to consult on our methodology in July 2017. To aid us in developing that methodology we are seeking advice and recommendations from the Contractors on the basis on which we should/could calculate future corporation tax allowances for regulated companies and the design and implementation of that future policy. The proposals for any changes to our methodology should demonstrate how they achieve Ofwat's objectives that they are in the best interests of customers. The proposals should also be straight forward to implement and the approach should be proportionate and consistent with the rest of the regulatory framework and should not place a disproportionate burden on companies. We have set out below a number of key questions that we think that the Contractor should consider however we would also welcome further suggestions from the Contractor as to any other issues that should be considered as part of this work. In undertaking this work the Contractor will need to have an understanding of both the regulatory regime in which Ofwat operates and a detailed knowledge of both existing tax legislation and proposed changes to it. The Contractor will therefore need to demonstrate that they can provide relevant expertise in both areas from within their own organisation or by partnering with an appropriately qualified third party.
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0ddaa224-48b5-4d3b-9166-2c9138b4f581-137211Awards and suppliers
Buyer: WATER SERVICES REGULATION AUTHORITYSupplier: Deloitte LLP
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