25/07/2016

31 New Electricity Contracts Awarded For All Local Authorities

The Office of Government Procurement (OGP) has awarded 31 new contracts for the supply of metered electricity on behalf of all local authorities, which covers electricity supply to local government offices throughout Ireland.

Minister of State at the Departments of Finance and Public Expenditure & Reform, with special responsibility for Financial Services, eGovernment and Public Procurement, Eoghan Murphy, has said that local authorities can be confident that they will be achieving "very good value for money" in their electricity spend for the next three years.

It is understood that the collective value of the contracts is estimated to be in the region of €54 million, with projected cost reductions of more than €9 million over the three years of the contract. This reflects one of the OGP's key objectives – to secure savings for the taxpayer by taking a national approach to public procurement. These savings will allow local authorities to focus their spending on other essential services.

Welcoming the news, Minister Murphy, said: "Delivering this kind of value and long-term certainty of pricing on behalf of local authorities is a great achievement. These contracts will run until the end of June 2019 and will enable local authorities to budget effectively."

(MH/LM)

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