Review of Ofwat's New Appointments and Variations (NAV) Financial Viability Assessment

Awarded contract following further-competition against the Government Commercial Agency (GCA) RM6309 Management Consultancy Framework Four (MCF4) - Lot 4: Finance. NAVs are water undertakers with a range of long-term responsibilities to customers and the environment. Ofwat has a duty to secure that water companies can (in particular through securing reasonable returns on their capital) finance the proper carrying out of their statutory functions. In licensing new NAV sites, we fulfil this duty by carrying out a fin...