The STRABAG-Equitix consortium has been named as the preferred bidder by United Utilities to design, build, finance and maintain the replacement of six tunnel sections of the Haweswater Aqueduct, part of its Haweswater Aqueduct Resilience Programme (HARP).
The Regulators’ Alliance for Progressing Infrastructure Development (RAPID) has published its forward programme setting out its delivery priorities for 2024-25.
The new direct procurement for customers (DPC) framework introduced by U.K. water regulator Ofwat offers a good opportunity for U.K. water utilities to share risks with project companies, contractors, and customers, according to S&P Global Ratings.
United Utilities has gone out to tender with an AMP8/9 contract worth an estimated £50 million for an Independent Technical Adviser for its £1.75 billion Haweswater Aqueduct Resilience Programme.
Ofwat has published its final Guidance for Appointees delivering Direct Procurement for Customers projects.
Ofwat has issued its final guidance on the assessment of the technical discreteness of projects to be delivered by Direct Procurement for Customers (DPC )– the regulator expects water companies to use the updated guidance in their PR24 business plans and within RAPID schemes.
Moody’s is warning that under Ofwat’s Direct Procurement for Customers (DPC) framework for large infrastructure projects, construction risk will weigh on project credit quality.
Ofwat has published new guidance setting out its expectation for water companies in England and Wales to deliver all projects worth £200 million-plus via Direct Procurement for Customers (DPC) in their business plans for the 2024 Price Review.
Ofwat is warning that the delivery of multi-sector reservoir (MSR) systems cannot be subsidised by water customers, saying that “as a principle, public water supply customers should not subsidise other reservoir users and we expect costs to be fairly shared between users.”
United Utilities has gone out to tender with a £1.75 billion contract to secure a Competitively Appointed Provider (CAP) via Ofwat’s Direct Procurement for Customers (DPC) process for its Haweswater Aqueduct Resilience Programme.