Consultation under section 12A of the Water Industry Act 1991 on proposed modifications to condition B of Thames Water Utilities Limited’s conditions of appointment to extend the separate price control for delivery of the Thames Tideway Tunnel

Consultation under section 12A of the Water Industry Act 1991 on proposed modifications to condition B of Thames Water Utilities Limited’s conditions of appointment to extend the separate price control for delivery of the Thames Tideway Tunnel

Published date: January 23, 2024
Closing date: Friday March 8th, 2024 5:00pm

Download

About Consultation

This document invites comments on the proposal of the Water Services Regulation Authority (Ofwat) to modify condition B of the conditions of appointment (licence) of Thames Water Utilities Limited (Thames Water). The purpose of the modification is to allow Ofwat to set a separate price control for the period 2025 – 2030 for the work Thames Water carries out on the Thames Tideway Tunnel project.

Under section 12A of the Water Industry Act 1991 (WIA91), we are able to modify the conditions of Thames Water’s licence subject to the procedural requirements set out in sections 12A-12I of the WIA91.

This document is a notice under section 12A of the WIA91.

We have shared the modifications with Thames Water, who have agreed to the modifications.

We are proposing that, if made, the modifications will come into effect on 7 May 2024 and our reasons for this are set out in this document, as required by section 12B of the WIA91.

Proposed modification drafting is shown in the Annex.

Any representations with respect to the proposed modifications may be made no later than 8 March 2024. Please email them to [email protected] or post them to:

TTT Licensing
Ofwat
Centre City Tower
7 Hill Street
Birmingham B5 4UA