Bringing you Complete Strategy’s thoughts on the assurance framework for AMP8 and how water companies can set themselves up for success!

With a massive uptick in investment by water companies over the next 5 years and public impatience to see tangible improvements, Ofwat’s assurance and reporting requirements for AMP8 mark a significant step up in scrutiny which water companies need to be ready for.

In this article we examine the new requirements and what water companies can do to make sure they are ready. Although AMP8 will see substantial assurance programmes, there is a lot the companies can do to prepare for this in terms of planning, governance and information/data management.

Having had the opportunity to review the full suite of documents, we think Ofwat should be applauded for stretching the boundaries of regulatory thinking.