Severn Trent: Utility Account Brief

Executive overview

Key findings

£15 billion: Ofwat's total expenditure allowance for 2025-30, against £8 billion for 2020-25

£1,954 million: group capital investment in 2025-26 (2024-25: £1,674 million); guidance of £2.2 billion to £2.5 billion for 2026-27

£9,647 million: adjusted net debt at 31 March 2026, with regulatory gearing of 63.6%

Up to £25 billion: reported value of the capital delivery frameworks Severn Trent is preparing for 2030 onwards, with procurement expected to start in early 2027

Buyer relevance

Who the report is for

Main contractors and managed service providers

Prepare for the Capital Programme Delivery Frameworks, reported at up to £25 billion, using the lots, term and early 2027 timing set out in the Opportunity Register.

Engineering design consultancies

Track the £200 million Capital Design Services Framework from its 25 August 2026 market engagement notice to tender.

Water and wastewater treatment technology suppliers

Target the Inspectorate deadlines at Trimpley (31 March 2027 design) and Frankley (31 May 2027) and the £605.12 million nutrients allowance through incumbent contractors.

Pipe, trenchless and civils specialists

Follow the open ductile iron pipe tender and the tunnelling framework award against the 0.57% a year mains renewal requirement.

Decision scope

Questions answered

How much is Severn Trent spending?

Group capital investment was £1,954 million in 2025-26, and guidance for 2026-27 is £2.2 billion to £2.5 billion, within Ofwat's £15 billion allowance for 2025-30.

How do suppliers get on Severn Trent's list?

All suppliers must register on SAP Ariba; formal competitions are advertised on Find a Tender, and standard payment terms are 60 days for new contracts.

Which frameworks are coming up?

Capital delivery frameworks reported at up to £25 billion, with procurement expected in early 2027, and a £200 million design services framework at market engagement.

Who holds major work now?

Costain holds about £45 million at Rugby Newbold, and Kier more than £51 million across three AMP8 wastewater schemes plus the £139 million Wanlip upgrade.

Who leads the company?

James Jesic became Chief Executive on 1 January 2026; Chief Financial Officer Helen Miles announced on 27 October 2026 that she is leaving, with a 12-month notice period.

Inside the report

Inside the complete report

1. The Account at a Glance

2. Organisation and Decision-Making

3. Financial Position

4. Priorities and Pressures

5. How Severn Trent Buys

6. Opportunity Register

7. Commercial Priorities: Where to Focus First

8. Watch List: What to Monitor and What to Do

Source Register

Public preview

What to watch next

Half-year results, 18 November 2026

First half capital investment against the £2.2 billion to £2.5 billion guidance.

Capital Programme Delivery Frameworks procurement (early 2027)

Sets the main contractors for the 2030s.

Tunnelling framework award

Awards were targeted for September 2026.

Inspectorate deadlines in 2027

Trimpley design (31 March 2027) and Frankley commissioning (31 May 2027).

Report page with an Opportunity Register table covering capital delivery, design services, tunnelling, pipe and digester roof frameworks, storm overflows and sewage treatment upgrades. — Sample page · page 6 of 10
The Opportunity Register lists Severn Trent's frameworks and programmes with status, stage, contractors, supplier categories and next milestones.

Included

What you receive

The complete PDF report: 10 pages, 9 sections, 6 tables and a register of 22 sources.

This edition

October 2026 edition.

Evidence & method

Evidence and method

The brief draws on Ofwat's PR24 determinations and performance reports, Severn Trent's 2025-26 accounts, results, trading update and board announcements, and Find a Tender procurement notices. Contractor announcements, the statutory payment practices report, Environment Agency and Drinking Water Inspectorate publications and the Planning Inspectorate project page complete the picture.

Sources

22 sources, listed in the report's source register. Evidence current to 29 October 2026. Principal data periods: Financial year 2025-26 (year ended 31 March 2026); the PR24 price control for 2025-30. Project and procurement status checked against public sources on 29 October 2026. All currency is pounds sterling (£)..

Lead analyst

Robert C. Brears

Founder, Our Future Water Intelligence

Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.

Decision-focused utility intelligence
Published water-policy author
Evidence-grounded system analysis

Buyer FAQs

Before you purchase

Who can use the report?

Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.

How is the report delivered?

The PDF is available to download immediately after confirmed payment, through our secure delivery system.

Can my organization buy wider access?

Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.