2 x Interim Principal Economists

The development of nationally significant water supply infrastructure is a positive step towards ensuring

resilient supplies of water. This requires new and innovative thinking around the way that we regulate water

supply infrastructure.

You will be responsible for:

 Shaping the policy framework for how we regulate infrastructure projects under different commercial

models to encourage the long term development of water supply options.

 Exploring the opportunities for wholesale water markets and trading, including bulk transfers

between water companies, and water trading models to efficient allocate water between different

types of user

 Shaping the key commercial principles that ensure that costs, risk and rewards are allocated in a

way that ensure that the interests of water customers are protected and that outcomes are delivered.

 Examining the institutional arrangements to ensure the co-ordinated development, delivery and

operation of water infrastructure across the sector;

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 Providing economic analysis and advice to support the assessment of the infrastructure projects through the gateway process managed by RAPID, including evaluating the public value benefits of schemes;

We need highly motivated economists to help RAPID shape the commercial, regulatory and institutional arrangements that will have a tangible and meaningful impact on society for many generations to come. The successful candidates are expected to have a strong foundation in technical economic skills. They will also bring intellectual leadership, show strategic awareness and strong leadership skills to the roles.

Additional information: For further information, please contact procurement@ofwat.gov.uk