Renew Holdings plc Share Price:

Code: RNWH.L

Price: 93.04

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Frameworks



Grosvenor

 

Imperial College

 

NPL

Walter Lilly currently has four framework agreements. The framework agreements include work in the science and high quality refurbishment sectors.

Framework Agreements work well for both Client and Contractor. Walter Lilly, believes it gains distinct advantages with this form of partnering arangement including:

  • A faster start to projects as there is no tender period required.
  • Walter Lilly is able to give cost advice earlier in the process.
  • Walter Lilly is able to input advice on buildability issues.
  • The works can be carried out more efficiently and quickly as lessons learnt on each project are carried forward.
  • The Client has access to a secured resource for the duration of the Agreement, reducing the risks of a fluctuating marketplace.
  • Better quality can be achieved as our subcontractors and suppliers also understand what is required and benefit from working on similar projects.
  • Bulk buying discounts can be obtained from suppliers and subcontractors in the knowledge that further projects are in the pipeline, and if necessary Value Engineering will be carried out.
  • Walter Lilly is able to source alternative suppliers and product ranges if necessary.
  • Reductions can be negotiated in overheads and profits and in preliminary costs.
  • Relationships are developed and consolidated throughout the team.



Profiles
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