British Water, the trade association representing the interests of the UK water and wastewater supply chain, has called for change following Ofwat’s £88 billion Draft Determinations for Price Review 2024 (PR24).
The trade association is asking the sector to step up to embed a culture of collaboration, consistency of approach, the necessary investment and ongoing visibility and transparency so that there is certainty for supply chain companies to deliver the much needed innovations for the future.
British Water is seeking the following:
- An embedded culture of collaboration
- Visibility of programmes
- A balanced work profile over the whole five years
- Sufficient availability of resources
- Contract terms that do not pass down onerous risks to the supply chain
- Standardisation of solutions across water companies and
- The faster adoption of innovation
British Water’s Chief Executive, Lila Thompson, said:
“Increased investment is essential to meet Ofwat’s ambitions for affordability long term, improvements in customer service and environmental performance.
“To meet all of these ambitions, we will need an effective ecosystem of key stakeholders where the supply chain can thrive to deliver the diverse range of technologies and solutions for AMP8 and beyond.
“British Water and its members stand ready to be a vital partner in these discussions and to contribute to positive change across the industry.”
