Shepherds scores coup with £2m WICS project

Shepherd & Wedderburn has won a competitive tender to advise the Water Industry Commission for Scotland (WICS) on a three-year licensing project, which should reap fees of more than £2m.

The Scottish firm will act for the WICS as it implements a licensing regime for retail competition in the water and sewerage industry. The WICS was launched in July 2005 to replace the office of the Water Industry Commissioner as the regulator for Scottish Water.

The work comes on the back of recent projects for Scottish Power, where Shepherd & Wedderburn advised on the establishment of the British Electricity Trading and Transmission Arrangements as well as the WICS’s Strategic Review of Changes.

The beauty parade was led by competition and regulatory partner Gordon Downie, alongside utilities specialists, partners James Saunders and Liz McRobb. They worked alongside Ernst & Young and consultancy firm Atkins to win the pitch.

Downie said: “It’s a milestone for us in having the appointment, as it’s the kind of work where we feel we can demonstrate we’ve got an international capability to the practice.”