Price review 2009 (PR09): Phase 1

This site uses the UK Government AccessKeys system	Protecting consumers, promoting value and safeguarding the future Skip Menus
	What's new \| Publications \| Media centre \| Price review \| FAQs Update alerts \| Consumer issues \| Site map \| Competition \| Contact us


Advanced Search \| Help

Ofwat home

Publications

Price reviews & interim determinations

Price review 2009

Strategic direction statements

Price review 2004

Price review 1999

Price review 1994

Interim Determinations 2005-2010

Interim determinations 2000-2005

Interim determinations 1995-2000

Working with stakeholders

Ofwat home > Publications > Price reviews & interim determinations > Price review 2009

Phase 1

Phase 2

Phase 3

Phase 4

Price review 2009 (PR09)
Phase 1: Preparation

The first phase of the 2009 price review will establish the framework for the review.

We will begin in October 2007 with an open consultation on our approach to the review. In November 2007 we will consult on the information we would need to collect from companies.

Our decisions on our approach, based on the consultation, will be published in March 2008. The consultation on the information requirements for the draft business plan will inform the final information requirements, which we will publish in April 2008.

Phase 1 timetable
March 2007	Publish MD letter setting out expectations for long-term Strategic Direction Statements (MD 223)
June to December 2007	Companies develop and publish strategic direction statements following consultation with stakeholders.
September 2007	Welsh Assembly Government to publish Water Policy Statement.
October 2007	Consultation on Ofwat's approach to the 2009 price review.
November 2007	Consultation on our information requirements for the price review.
December 2007	Companies submit Strategic Direction Statements 14 December 2007.
Late 2007 to March 2008	CCWater-led/ joint stakeholder research.
December 2007	Defra and Welsh Assembly Government Statements of Obligations
Early 2008	Defra to publish new Water Strategy, which will outline the Government's priorities for water.
January 2008	Consultation on approach to PR09 ends.
March 2008	Framework and approach - methodology on 2009 price review.
	Defra to publish social and environmental guidance. Possible Welsh Assembly Government social and environmental guidance.
April 2008	Publish information requirements.

Phase 1 documents

Consultations

Closing date 6 November 2007

Closing date: 22 June 2007

Closing date: 4 May 2006 (PDF - 156Kb)

Press Notices

Publications

(PDF - 62Kb)

Report commissioned by Ofwat from Oxera (PDF - 467Kb)

Report commissioned by Ofwat and Office of Rail Regulation from Cambridge Economic Policy Associates Ltd.(CEPA) (PDF - 341Kb)

(PDF - 26Kb)

Forward expenditure assumptions and the incentives on companies to cut costs are central to incentive based regulation. This discussion paper explores new approaches to expenditure and incentives that might deliver better outcomes. Closing date: 6 July 2007

Our responses to the three consultations: "Contributing to sustainable development", "Setting water and sewerage price limits: Is five years right?" and "Developing our process for assessing capital maintenance requirements" (PDF - 332Kb)

Correspondence letters