Financial Resilience

Following WICS’ consultations on support for the retail market in response to COVID, Scottish Water has published a provisional framework for assessing financial resilience. This can be found here.

Recognising that the framework will not be used to determine LPs’ required level of prepayment until May 2023, the framework will be subject to review in July 2022 following input from the Market Health Checker (once appointed), along with further discussion with the market.