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12/06/2017

Search Begins For Firms To Deliver £258m Thames Water Streetworks

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Thames Water has started hunting for industry firms to help deliver £258 million worth of streetworks.

The water services company has gone out to tender for three contractors to deliver the reinstatement programme, which will run for an initial three years and has a maximum of eight years.

Thames Water and its alliance partners complete approximately 150,000 reinstatements per year at a cost of £30m per year, including avoidable streetworks fines and penalties.
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In the tender notice, the company said: "Reinstatement work is a major challenge for us and our alliance partners; however it offers great opportunities for us to deliver operational efficiencies, best value for money, and provide an excellent customer experience."

The new framework will be split across three regions - North and South London and the Thames Valley.

Around 40% of reinstatement work is carried out in North London, with lots valued at around £104m. Elsewhere, 34% of reinstatements take place in south London (valued at £88m) while Thames Valley accounts for 26% of reinstatement work and is worth £66.4m.

For more information, visit here.

(LM)

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