RFP QuestBeta
ClosedStage · contract

WATER SERVICES REGULATION AUTHORITY

FAST Financial Modelling Training

IT ServicesCPV 72000000
Value£15k
Deadline22 Nov 2016
Published27 Mar 2017
RegionWest Midlands
Timeline
Published 27 Mar 2017ClosedCloses 22 Nov 2016
Contract value in context
£15ktotal contract value
median £120k
this tender£0£3.5m

This sits below the typical range for IT Services contracts — a smaller, more accessible award. Based on 36,449 valued IT Services tenders in our corpus.

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The brief

Ofwat is currently developing its approach to modelling quality assurance.

As part of this approach, Ofwat is actively developing a common in-house modelling standard that reflects industry best practice, and it is likely that the FAST modelling standard will be at the core of this.

To this end, Ofwat trained 12 individuals in the FAST financial modelling in 2015.

Ofwat is now seeking to train 24 more individuals in the FAST modelling standard.

These individuals will be from a variety of professional backgrounds within our analytic resource pool, including engineers, accountants, economists and modellers.

The requirements is to deliver twice, a two full-day training course (days to run consecutively) on the FAST modelling standard for up to 12 participants (one in January and March 2017).

At the end of the course students should have a good theoretical and practical understanding of the application of the FAST modelling standard.

Key requirements

What the supplier must deliver

01

The requirements is to deliver twice,

The requirements is to deliver twice, a two full-day training course (days to run consecutively) on the FAST modelling standard for up to 12 participants (one in January and March 2017).

02

At the end of the course students

At the end of the course students should have a good theoretical and practical understanding of the application of the FAST modelling standard.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
9883e3f2-9602-4067-9d64-bb6bc50b824f
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
PROC.05.0042
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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