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NI Water plans £130M spending spree

NI Water has £130M to spend on contracts covering goods and services required over the next 18 months. The company, which will hold a Suppliers Day in Antrim on March 13, said this "is an exciting opportunity" for new and existing companies across a diverse range of sectors, including the SME sector, to work with NI Water.

Contracts in the last financial year have benefited local firmsContracts in the last financial year have benefited local firms

Ronan Larkin, director of Finance and Regulation at NI Water, said: “In the 2012/13 financial year alone, NI Water spent £272M with suppliers and contractors. Many of these contracts have benefited local firms, in many sectors including the construction sector, thereby supporting our local economy at this time. 

“However, I am aware that the procurement system can appear to be complex for companies seeking to tender for opportunities available. Therefore, we are inviting businesses to attend a Suppliers Day to give suppliers an opportunity to meet the NI Water procurement teams. Our Procurement Team will be on hand to cover the range of goods and services required by NI Water and will answer any questions potential suppliers may have.    

Larkin said the Suppliers Day will be attended by InterTradeIreland to provide advice particularly in the area of consortium bid opportunities.

Thomas Hunter McGowan, CEO of InterTradeIreland, said: “We are delighted to be involved with the NI Water suppliers and to support SMEs in attendance with procurement advice and support, particularly in relation to advice on forming consortia and collaborative bids on an all-island basis.

“For some suppliers, the concept of engaging in Public Sector tendering and procurement can be seen as intimidating and bureaucratic. 

“This perception alone can stop businesses, particularly SMEs, from competing for potentially lucrative contracts when the reality is that because of their size, they may be best placed to offer flexibility, value and innovative solutions to meet the demands of buyers in the public sector."

*Ronan Larkin will be speaking at our forthcoming WaterNI conference, being held in Belfast on February 27, 2014. Click here for more details.

Author: Maureen Gaines, Editor, WET News Find on Google+
Topic: Contractors
Tags: Northern Ireland , Contractor , Procurement

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