Optivo Invest In OJEU Tendering Software To Lock Away £1.7m Energy Savings

Our Client

Optivo are one of the largest housing providers in the UK, with 44,000 homes in London, the South East and the Midlands. They work with residents, local authorities and partners to create safe and sustainable communities for residents. Over the next 10 years they are investing £3.5bn, developing 1,500 new affordable homes per year. Their energy estate currently comprises of some 2,908 gas and electricity meters supplying the commercial and communal areas.

Our Challenge

In July 2018, Optivo decided to examine their energy procurement options to help combat rising energy costs. This led to them meeting with Beond who were tasked to benchmark their tender results against their long term incumbent energy broker’s best offer.

The tender was complex given the volume of meters involved and the volatility of the market. Beond were also tasked with providing zero carbon electricity at no premium to meet the organisation’s sustainability demands

Testimonial

“The use of Beond’s software and processes allowed us to create significant savings against the traditional manual broker procurement methodology. We found Beond to be very knowledgeable and helpful with resolving historic issues and managing the entire OJEU procurement process. We are also delighted with the hands on after services they provide.”

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