Water retailer Business Stream has secured a place on the UK’s largest public sector water framework agreement, the first contract of its kind following the opening of English water market in April.
The Edinburgh-based company has been awarded a place on the new Water, Waste Water and Ancillary Services framework developed by the Crown Commercial Service (CCS), to provide water and waste water services, including leak detection, automated reading and water efficiency solutions to a wide range of public sector organisations. The multi-supplier framework is estimated to be worth £960 million.
Central government, schools, colleges, universities, museums, housing associations, councils, the emergency services and NHS Trusts are included in the framework and are all now eligible to choose which company supplies their water and waste water services.
James Cardwell-Moore, commercial director, Business Stream commented:
“This is excellent news for us given how rigorous and competitive the process was. Business Stream has an unparalleled record of helping businesses manage their water more efficiently, delivering savings, innovative solutions and environmental benefits which have made a real difference to their operations. We look forward to working with a wide range of public sector organisations to ensure that they make the most of the opportunities in England’s new competitive marketplace.”
The firm is one of only eight suppliers to be appointed to the framework.
Business Stream is the largest operator in the Scottish non-domestic water market. Its most recent profit before tax was £21.8 million from revenue of £281 million. Last year, the company acquired the non-household customer base of Southern Water, increasing its foothold in England.
Headquartered in Edinburgh, it also has offices in Glasgow and Worthing, and employs around 250 staff. The company is a wholly-owned subsidiary of Scottish Water with its own board and independent management team.
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