*** Covid-19 Update ***

Stonbury are immensely proud to be supporting our clients across the UK at such a crucial time and have been designated as 'key workers' by DEFRA and the UK water utility companies. Our teams are working tirelessly to help secure and maintain drinking water supplies, ensuring clean and safe drinking water is provided without interruption to critical services such as our hospitals as well as the general public. Now more than ever, the safety and wellbeing of our staff is of the utmost importance and we have adapted our safe working practices to ensure social distancing precautions are in place and that the correct hygiene practices are being followed. Safety is our priority, and we endeavour to make sure everyone at Stonbury goes home safe to their family.

// A Contract That Thinks Outside of the (Concrete) Box

Asset Management, Savings and Outperformance alert by Yorkshire Water.

The start of AMP6 meant that many contracts and frameworks were up for renewal, one of which was the Service Reservoir Refurbishment and Repair Contract. Ensuring that the renewed contract delivered the lowest cost and risk to the business was of high priority. The solution to this was to negotiate an extension of the existing contract with Stonbury, with the aim to achieve a significant cost saving against AMP5. A large proportion of work under this contract is Service Reservoir (SRE) roof membrane replacement which is managed and delivered through the collaboration of Asset Planning, Asset Solutions and Stonbury.

To achieve a significant cost saving against AMP5 a different way of thinking and true collaboration in setting up the contract was required, as well as an ongoing focus on this throughout the duration of the contract.

The biggest change for AMP6 was moving from a reactive way of working to a more proactive one. This has led to a variety of benefits including bulk buying of materials and logistical savings. The proactive nature of the work and the reputation of Stonbury also allowed for work to be carried out over live tanks which makes operational savings on draining SRE’s and carrying out cleaning.

The forward-thinking management of this contract allowed for other savings and efficiencies to be planned in. This includes a freezing of prices for the first three years and a summer discount rate which is extended beyond the summer months.

The success of this contract is due to the great working relationship between Stonbury and Yorkshire Water with a focus on a common goal. The collaboration in this contract and the ways in which efficiencies and savings are driven are excellent examples of out-performance. This contract is forecast to achieve up to £2.5m of out-performance.