WebbThe CMA in its final determination for the Bristol Water appeal decided that “the cost sharing incentive for Bristol Water should be 50% for the price control period from 1 … Webb1 Ofwat's approach largely sets aside customer views 1.1 At PR14 Ofwat set a number of common PCLs on the basis of historic upper quartile performance (based on 2011-2012 to 2013-2014 data), with a glidepath over the first three years of the review to upper quartile. At PR19, Ofwat considered that setting PC targets on the basis of

Our plans 2024-25 - Southern Water

WebbThrough the draft determination process, we discuss with Ofwat the impacts of their adjustments and provide additional evidence to justify our original proposals. Ultimately, the Final Determination sets the parameters by which our financial incentives will be earned for the next five years. How rewards and penalties are administered WebbAt PR19, Ofwat requires all companies to have a Performance Commitment (PC) and a financial Outcome Delivery Incentive (ODI) for leakage. Ofwat standardises the definition of leakage targets and prescribes a method for how companies should set their target at PR19, or justify why they have not adopted the prescribed method. macron vita privata

PR19 final determinations: Reporting guidance - Ofwat

Webb2024 (PR19), the PR19 final determinations documents have now been published. This is the culmination of a process which began in 2015 with Ofwat setting the direction as … WebbThe methodology for PR19 follows through on this statement of intent—with Ofwat seeking to push forward the industry efficiency frontier by challenging the water companies on several fronts. Challenge across the board Promoting markets In PR14 Ofwat introduced separate binding controls for wholesale and retail activities. Webb17 mars 2024 · On 13 February 2024 Bristol Water asked Ofwat to refer its PR19 Final Determination to the Competition and Markets Authority (CMA) for redetermination by the CMA (the Re-determination). Ofwat submitted its referral to the CMA on 19 March 2024, together with referrals of the final determinations of three other companies for re … costruzione dodecagono