Water Infrastructure Cost Estimation Principles and Cost Benchmarking

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Description

The aim of this project is to improve our understanding of water infrastructure costs and ultimately create a framework or methodology for robust assessment and benchmarking of scheme costs. This should be applicable to infrastructure types currently being assessed through the gated process including: desalination plants, wastewater reuse plants, raw water reservoirs, raw/treated water transfers plus associated assets such as water treatment works, pumping stations and treated water service reservoirs. We expect this project to cover the following key areas: approaches and best practices for infrastructure cost estimation, historical cost data for relevant water resource assets and principles for their use, and cost benchmarking approaches. Proposed approaches should give consideration to accounting for emerging challenges such as carbon, nature-based solutions, and public value. The project may also cover any other areas or approaches that Supplier identifies as important or relevant, subject to prior agreement. 1. Principles for cost estimation 2. Benchmarking cost data and its use 3. Benchmarking approaches and models Apply using MyTenders e-procurement portal. Suppliers invited from Ofwat Consultancy Framework (OCF) Lot 1a: Regulatory Economics.

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