Detail

To assist Ofwat in fulfilling their commitments in the PR19 final methodology, BMG were required to monitor and evaluate a number of specific points relating to C-MeX and D-MeX and to make associated recommendations about how the programme should best move forward after the shadow year. These recommendations were submitted to Ofwat ahead of its PR19 final determinations (FD) in December 2019. This research report details the methodology, findings and conclusions from the 12-month developmental shadow year for C-MeX and D-MeX, in preparation for when both incentive mechanisms come into effect from April 2020.