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Asset Management Period 8 (AMP8) commences on 1 April 2025 affecting all English and Welsh Water companies. Set by Ofwat, the aim of AMP periods is to increase efficiency and service levels in the sector. The AMP8 programme is set to be up to 3-4 times bigger than any previous AMP period and is anticipated to transform the water industry’s commitments towards climate change, service, society and the environment.
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Contact Us! Contact Us!Asset Management Period 8 (AMP8) commences on 1 April 2025 affecting all English and Welsh Water companies.
Set by Ofwat, the aim of AMP periods is to increase efficiency and service levels in the sector. The AMP8 programme is set to be up to 3-4 times bigger than any previous AMP period and is anticipated to transform the water industry’s commitments towards climate change, service, society and the environment.
These ambitious targets will present unique challenges to the industry.
01
Risk Transfer from Supply Chain to Utility Company
02
Capacity and Capability in the Supply Chain
03
Skilled Resource Shortage Leading to Tender Price Inflation
04
Market Engagement Concerns
05
Standardisation Requirements
06
Scalability Fears
07
Seasonal Restrictions
08
Drive for Blue/Green Solutions
Guiding utility companies to strategically align their business to ensure all business units are working towards AMP8 principles.
Advising on the development of operating models that will best enable the business to deliver value to its customers and stakeholders during a period of substantial change at both a macro and micro level.
Establishing Key Performance Indicators with a focus on the achievement of Outcome Delivery Incentives to enable the successful delivery of AMP8.
Creation of fully resourced and timed work plans that align with AMP8 project goals and enable the achievement of specific targets.
Identifying and mitigating against risk within AMP8. Particularly focusing on supply chain risk, skills shortages, scalability fears and seasonal restrictions which could significantly impact this specific AMP period.
Understanding the wider programme and how the individual procurements and organisational requirements interact with each other whilst supporting a smooth transition from the current ways of working in AMP7 to the new ways of working in AMP8.
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03
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