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Utility company Thames Water is planning to hold an event in July to meet suppliers who may be interested in tendering for its £900 million investment. The company said that it was interested in finding civil engineering companies who were willing and able to build a ‘world-class’ infrastructure across its network services.
The supplier said that it had primarily customers in mind when it began developing plans to improve service across its network and beyond. This new approach of going out to tender aims to develop successful partnerships with supply chains that will go into the long-term. Companies who are interested will be presented with the opportunity to work with Thames Water for up to 15 years.
A spokesperson for Thames Water said that they have a collaborative strategy in place in order to deliver excellent service to customers which will ensure that they receive value for money. The vision is to work alongside supply partners to put in place mutually beneficial plans whilst providing a smooth service.
Targets for the investment include reducing the amount of leakage and enhancing the service that the company offers its 15 million customers across London and the surrounding Thames Valley. The infrastructure alliance will jointly agree the process based on the best outcome for customers and cost. Thames Water is beginning to develop processes and structures ready for when the service goes live next year.
The supplier’s contract will include water mains, repair and maintenance of water meters and sewer survey services. The recruitment event itself will begin in late July at the Royal Berkshire Conference Centre in Reading.