News on 10 July
Cost-cutting deal for on-site energy

Try Construction is set to reduce its onsite energy costs and shake up the construction industry’s supply chain management for power to sites in a deal with London Electricity.

Try has brokered an agreement that makes London Electricity the exclusive supplier of energy to their sites across the country, all with ‘the objective of driving better procurement practice," says Try. Their procurement team, headed by Peter Keiller, has negotiated preferred rates with London Electricity that have the potential of savings in excess of 20% on current electricity bills, according to Try.

"London Electricity is now a one-stop-shop for all our site energy needs throughout our business," said Peter Keiller. "This will have a dramatic impact on the management of our supply chain, as not only will it reduce purchasing costs but it will speed up our administration and buying process thereby leading to further savings, which will then be passed on to the benefit of the client."

Before the agreement with London Electricity, Try was obliged to go through four stages in obtaining electricity for its sites, comprising securing permission from a Regional Electricity Company (REC) to have the cable laid; dealing with the REC’s cable laying contractor; installation of a meter and finally receiving the electricity supply and being billed for it. London Electricity’s New Construction Management Service now facilitates the whole process, providing the single point of contact that simplifies the supply chain management.

Anna Lagerkvist

Tell someone about this!

Back to front page Back to news overview Next news story