Development of financial model compliant with FAST modelling standard

For PR14 Ofwat developed a financial model in partnership with PwC. The PR14 financial model had three purposes. • To determine the wholesale price controls. • To calculate the revenues arising from the retail price controls. • To help assess financeability of the appointee, with the ability to refine the wholesale price control limits until target financeability indicators are satisfied. The model went through significant development during the price review process, with six versions of the financial model b...