Ofwat moves to streamline and simplify water company licences
18 Dec 2018 01:49 PM
Changes due to come into force early next year will see all water companies’ licence obligations set out in clearer, more accessible language.
Working with the sector over the past year, Ofwat has identified a number of areas where licences can be simplified and streamlined, including removing conditions which are no longer relevant or don’t reflect the environment in which companies now operate.
The changes, which have been agreed by all companies, are intended to:
- Ensure that companies understand what is expected of them;
- Make it easier for Ofwat to determine whether companies are complying with their obligations; and,
- Allow stakeholders to more easily understand what it is that Ofwat holds companies to account for.
View the decision document here.
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