Severn Trent has gone out to tender with a multi-Lot AMP8 contract for legal services worth an estimated £30 million. 

Yorkshire Water has awarded a framework contract for Regulatory Economics, Price Review Planning and Strategy consultancy services worth an estimated £4.1 million.

A new report released today by non-profits CDP and Planet Tracker reveals how financial institutions are exposed to significant risks posed by depleted and contaminated water supplies -  with US$13.5 billion in assets already stranded and US$2 billion at risk in four key infrastructure sectors due to water issues.

Affinity Water has appointed five law firms to its new Legal Panel to work with the company on a range of important issues in a heavily regulated sector facing a number of challenges including climate change and the increasing pressure on water resources.

Ofwat’s final price determinations package announced on 16 December 2019 for UK water companies offers an improvement on the draft determinations but the ratings remain under pressure, according to Fitch Ratings.

The National Infrastructure Commission has today launched an inquiry into what future changes may be needed to ensure regulation of the energy, telecoms and water sectors supports investment and innovation while at the same time keeping costs down for consumers.

Ofwat has issued a Supplementary Statement of Objections as part of its continuing investigation into whether Anglian Water behaved in an anti-competitive way in its pricing conduct at the ‘Fairfield’ development in Milton Keynes.

The UK is falling further behind in the race to capitalise on growing global demand for innovative water technologies, while countries like Israel, Singapore and Australia are increasingly well positioned to succeed in a market estimated by the Technology Strategy Board to reach  $770 billion by 2016.

Water industry regulator Ofwat has published new guidance and deadlines for the water companies regulatory reporting requirements.

Water industry regulator Ofwat has sought to reassure the financial community in its latest briefing to City analysts and investors in the water sector about its proposals for regulatory reform for the upcoming Price Review and beyond.