Ofwat is looking for a Director to lead key elements of the upcoming PR24 price review, and help shape the design and delivery of this and future price reviews.
Reporting to the Senior Director of Company Performance and Price Controls, the successful appointee will be involved in finalising the methodology for the price review, which will help to deliver the long-term goals for the sector.
The new Director will lead some of the following areas of work:
- the outcomes/performance regime and associated incentives;
- focusing companies on the long term, including through work on industry strategic planning frameworks;
- the requirements for company business plans, including associated business planning incentives;
- engagement with companies throughout the price review; and
- delivery of the price review, including programme coordination and setting and ensuring the delivery of key milestones.
Essential criteria Ofwat is looking for in potential candidates includes knowledge and experience of setting or applying economic and incentive regulation, who are likely to come from a background in economics, engineering, regulatory policy and/or project management.
The recruitment process is being handled by Saxton Bampfylde Ltd – the firm is acting as an employment agency advisor to Ofwat on the appointment.
Closing date for applications is noon on Friday 27 May 2022 – click here to access Ofwat’s document setting out information for applicants.
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