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April 2009
IN THE NEWS - Bids In, Quids In
The tendering process for Thames Water’s multi-billion pound investment
programme used to be labour-intensive. Now an electronic system has
made the operation slick and efficient, as Lee Hibbert explains in this week's Professional Engineering magazine (29th April 2009)
Thames Water is about to embark on the
latest phase of its asset management
investment programme for its water and
sewer network. And that could be very
good news for industry.
The scope of the work is truly staggering: a
multi-billion pound outlay over the next five
years, to be spent on a range of maintenance
activities such as the replacement of worn-out
pumps and pipes through to the construction
of new treatment plants. Spending on such a
scale represents an enormous opportunity for
engineering companies across the country. But
it also presents Thames Water with a logistical
nightmare – how to manage a tendering
process that will involve dozens of suppliers
bidding for hundreds of different contracts.
The solution is an innovative e-tendering
system developed for the water company by
software specialist Business Collaborator. The
system enables all tender material to be
managed in a secure location, automatically
notifying the supply chain when documents are
updated, while also providing a full audit trail.
Its introduction promises to provide Thames
Water with significant savings on each tender
invitation it issues, by cutting response times,
simplifying the document change process, and
reducing the reliance on printed material.
Click here to read the full article
Download the full case study about the Thames Water e-tendering solution here
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