Thames Water has announced that it intends to use an alliance model for its asset management period six (AMP6) investment programme.
The company will award alliance contracts early next year - two years ahead of the start of AMP6. Successful firms will help shape Thames Water’s business plan for the next spending period from 2015 to 2020.
“We need to make significant investment in our water and wastewater networks over the next 10 years, and to do that efficiently and sustainably we need to completely transform the way we deliver our investment programmes,” said Thames Water capital delivery director Lawrence Gosden.
“We believe that moving to an alliance model is what will enable us to work together in a way that delivers the very best value for our customers over the long term,” he added. “By assembling the best team we will give ourselves the best chance of success, so our focus is on business alignment, quality and value.”
Under the new delivery model, potential suppliers could win up to 12 years’ work if they “align effectively with the alliance’s values and business objectives” which include an emphasis on collaboration, innovation and sustainability.