Removing Tendering Inefficiencies
Utilising our excellent relations with suppliers, LGE engages with the whole market to provide a detailed approach to contract optimisation and negotiation, securing our clients the best possible contract that meets their specific needs. LGE’s comprehensive tender process follows the 8 below steps:
LGE’s Comprehensive Tender Process:
Inefficient tendering often comes as a result of discrepancies between utility suppliers, with offers presented in different formats, with margins and other negotiable costs express in any number of ways. These differences lead to ambiguity that makes the process needlessly complex for you to make an informed decision. It is for this reason that LGE carefully analyses both commercial and non-commercial elements of the energy contract being offered by the supplier. These elements include:
- Non-Commodity (KVAs, metering, administration, etc.)
- Commodity (the wholesale gas and electricity prices and associated charges)
- Flexibility of the products on offer
- Route to market (efficiencies, fees)
- Supplier management fees
- Pass-through costs
- Adherence to RFP document
LGE’s Standardisation Matrix
To overcome the ambiguity presented in supplier offerings, LGE simplifies the process for you through our cutting-edge standardisation matrix which presents all supplier offers in a readable format to make easy comparisons on a like-for-like basis — it’s as simple as that! Our way of doing things enables greater negotiation with suppliers and more quantifiable savings ahead of trading.
Green Energy Tendering
Renewable energy is now a common request from LGE’s clients and is something many suppliers are now equipped to provide. LGE discusses with clients if green energy is required, to what extent this a priority and if there are any specific requirements on renewable type or source. Within the UK, most renewable energy is from wind or solar sources, with more limited amounts of hydro. LGE has found that a blended combination is usually the most cost effective and wildly available solution. With costs for renewable energy displayed as a separate renewable premium it allows our clients to view the implications of different renewable scenarios on their energy purchasing.
For more information on our tendering services contact us at info@lgegroup.com.