Second English public sector framework appointment for Edinburgh-headquartered water retailer
Edinburgh-based water retailer Business Stream has secured a place on a second English public sector water framework agreement.
It has become one of only seven companies to be appointed to the LASER framework, which supports the requirements of local authorities, NHS Trusts, housing associations and other public-funded bodies in England.
According to Business Stream, the LASER framework opens the door to a market worth around £208 million. Its appointment follows the company’s success in securing a place on the Crown Commercial Service framework earlier in the year.
LASER is a wholly-owned part of Kent County Council (KCC) under its Commercial Services umbrella. It was formed in 1989 and is now one of the largest energy and water public buying organisations (PBOs) in the UK. LASER’s frameworks are designed to simplify procurement and save money for public bodies throughout the UK.
James Cardwell-Moore, Commercial Director at Business Stream, said: “We are delighted to have secured a place on the LASER framework and are looking forward to working with public sector organisations across the UK. Being awarded a place on the two key public sector water framework agreements is a real achievement and is testament to the vast amount of experience and expertise we have in working with the public sector and our unparalleled record of helping organisations to make savings and reduce their water usage.”
Scotland’s non-domestic market, which covers all premises across private and public sector organisations, opened to competition in April 2008. Since then Business Stream customers have saved more than £160 million on their water bills and conserved 24 billion litres of water. Last year the company acquired the non-household customer base of Southern Water, increasing its foothold in England.
Business Stream is now thought to be one of the largest suppliers in the Anglo-Scottish market.