Review of efficiency methods for water company price control reviews (2006-2007)

Reckon carried out a wide-ranging review of the methods used for efficiency analysis and cost assessment at Ofwat's 2004 review of water and sewerage company price limits, and an assessment of alternative approaches. Nic led work on the use of industry-level analysis and assumptions on productivity, input price and cost trends and their interactions with other aspects of efficiency analysis. He also contributed to drafting and review across the final report to the study.

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Reckon LLP is an economics consultancy with expertise in data analysis, economic regulation and competition law.