Portsmouth Water has awarded an AMP8 contract for regulatory data and assurance consultancy services worth an estimated £1.5 million (excl VAT).

The procurement establishes a key framework contractfor Portsmouth Water with a delivery partner that will support Portsmouth Water’s Regulatory Affairs, Assurance and Data Reporting needs for AMP8 and potentially AMP9.

The intent is to have a contractor in place to whom the water company will allocate work for the provision of assurance services in relation to technical and non-financial regulatory data, in compliance with requirements set out by Ofwat and, where appropriate, other regulators.

Areas covered by the assurance services include:

• Annual reporting
• Charges submissions
• Price reviews and other price control submissions
• Water Resources Management Plan / Drought Plan
• Carrying out of audits
• Stakeholder engagement

Jacobs UK Ltd has been awarded the contract, one of three companies who tendered for the work.