Independent Monitor

Published facts

What the notice says

Buyer

The Water Services Regulation Authority

Published status

complete

Latest release reference

038532-2026

CPV codes

Common Procurement Vocabulary (CPV) codes: 79000000

Published tags

awardUpdate, contractUpdate

Latest record Bidwake loaded from this source

27 Aug 2026

An independent monitor (the Monitor) was appointed to monitor and review compliance by Thames Water Utilities Limited ("the Company") (a company regulated by Ofwat) with the conditions of the undertakings given by the Company, and accepted by Ofwat, under section 19(1)(b) of the Water Industry Act 1991. In that context, the Monitor has been monitoring and reviewing progress by the Company towards achieving the objective of the undertakings. The Monitor reports to Ofwat and makes recommendations as to any additional steps the Company should take to achieve the conditions and objectives of the undertakings. Under the terms of the undertakings, the Company agreed to pay the reasonable fees and out-of-pocket expenses of the Monitor. The contract end date at the time of award was 15 October 2025.

Open the official Find a Tender notice

Observed notice trail

How the published record developed

Events follow the publisher date where one is available. “Seen by Bidwake” is the date this service first found the record.

1. Award notice observed

   28 Apr 2026

   Latest variant observed by Bidwake on 16 Jul 2026.

   Open this official Find a Tender notice

   Record references

   Release reference

   038509-2026

   Published tags

   award, contract

2. Award record updated

   28 Apr 2026

   Latest variant observed by Bidwake on 16 Jul 2026.

   Open this official Find a Tender notice

   Record references

   Release reference

   038532-2026

   Published tags

   awardUpdate, contractUpdate

Awards and suppliers

Published award and contract facts

• Independent Monitor

  Buyer: The Water Services Regulation AuthoritySupplier: L.E.K. CONSULTING LLP

  End date in notice

  Date not published

  Value shown in notice

  £3,000,000Value from the linked contract

  Official source

  Open the official Find a Tender notice for Independent Monitor

  About this figure

  • This figure comes from the linked contract record. Overall totals continue to use the separately published award value.

  View record references

  Source

  Find a Tender

  Award or lot reference

  038509-2026-PROC.0051-1

• Independent Monitor

  Buyer: The Water Services Regulation AuthoritySupplier: L.E.K. CONSULTING LLP

  End date in notice

  31 Aug 2026Date from the linked contract

  Value shown in notice

  £7,500,000Value from the linked contract

  Official source

  Open the official Find a Tender notice

Related evidence

Published terms and linked processes

• Options are statedLot 1

  The contract permits extensions of the term in limited circumstances. These include where an extension is required to maintain continuity of services while the appointment of a replacement independent monitor is completed and in the event that the Company refers its Final Determination to the Competition and Markets Authority (in which case the contract may be extended for the duration of that process and for a short period following its conclusion).

  Published 28 Apr 2026.Open supporting notice 038509-2026

No exact source-published process relationship was found.