View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
May 11, 2009

Thames Water gets project bidding lift with BC

Can it reduce e-tendering admin costs by 20%?

By Steve Evans

Thames Water has implemented a Software as a Service (SaaS) e-tendering platform from Business Collaborator (BC) to improve its cost management during the AMP5 project tendering process.

Starting in 2010, the AMP5 programme will involve a variety of major civil infrastructure work with project tenders ranging in value from £1m to £50m.

The platform should enable Thames Water to manage its Capital programme tender documentation and communications centrally, providing a common structure for documents and automating notifications to the supply chain on updates and edits.

Security should also be improved, as access is restricted where and when required and a full audit trail can be provided.

The companies estimate that each tender will benefit from a 16% reduction in document assembly time, which could save five days of time and money for the water supplier.

Bidders in the supply chain could benefit from an additional five days to work on their tender submission document content, by saving approximately 20% on contract assembling time at the end of the process, the company said.

“As the largest water company in the UK, with over 13.6 million customers, we tender out a significant number of projects each year. This is an expensive and time consuming process. Tender documents often need amending or additional information needs to be provided in response to questions raised by bidders, so documentation often needs to be re-issued. This can lead to synchronisation and version control problems,” said Jamie Gardner, head of capital procurement at Thames Water.

Content from our partners
How to turn the evidence hackers leave behind against them
Why food manufacturers must pursue greater visibility and agility
How to define an empowered chief data officer

Paul Meredith, project manager for the implementation of e-tendering at Thames Water, said: “The ultimate selection of Business Collaborator was based on cost, deployment time, fit with IT strategy and certainty of outcome. BC was able to deliver the right functionality quickly, whilst reducing both the risks and costs to Thames Water.”

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU