PR14

2014 price review

• Reconciliation rulebook consultation
• Final determinations (new)
  • Recommendations to Ofwat’s Board on companies’ final determinations
  • Wholesale cost assessment
    • Wholesale cost assessment summary
  • Companies’ populated PR14 financial models
• Draft determinations
  • Representations on draft determinations (October 2014)
  • Recommendations to the Ofwat board on revised business plans
  • Wholesale cost assessment
    • Wholesale cost assessment summary at draft determinations
  • Companies’ populated PR14 financial models
  • IN 14/07: 2014 price review – timetable for representations on draft determinations
• Results of pre-qualification tests
• Risk-based review
  • Recommendations to the Ofwat board on the risk-based review
  • Wholesale cost assessment summary at the risk-based review
• Method and modelling
  • Protecting customers where there are very material differences between companies’ re-submitted plans and Ofwat’s wholesale cost assessment (August 2014)
  • Setting price controls for 2015-20 – risk and reward guidance (January 2014)
  • Setting price controls for 2015-20 – final methodology and expectations for companies’ business plans(July 2013)
  • Setting price controls for 2015-20 – framework and approach: A consultation (January 2013)