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Scottish water and sewerage company, Business Stream, says savings for the public and third sectors are expected to reach £37.1 million through a contract extension deal.
Scotland’s largest retailer of non-household water and waste water services said the sector would see additional savings of £9.4million this year and £10 million in 2014, after winning a deal to extend its agreement with the sectors to 2015.
Added to sector discounts of £13.1 million in the first two years of the contract, efficiency savings and AMR bring the total savings in the contract period to £37.1 million.
The initial contract was signed in 2011 after a competitive tender with other licence providers in the Scottish market.
Mark Powles, chief executive of Business Stream, said: “The public and third sectors cover a vast area of Scottish society and its economy, and water plays a very important role in things like healthcare facilities, leisure, and education.
“Reliable and efficient water supply and waste water services help these organisations do their own jobs more effectively, freeing up money and resources for frontline services.”
As part of the contract, Business Stream provides services for organisations such as NHS Lothian and the Scottish Prison Service.
Powles added: “The creation of the competitive non-domestic water market five years ago has meant no retailer can rest on its laurels and we worked very hard to deliver an innovative and dynamic offering that responded to the challenge. We look forward to delivering further savings, efficiencies, and services to these important sectors.”
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