UK Tender Negotiating Issues
Over the last couple of years the dramatic inflation of wholesale UK energy prices is making businesses re-evaluate their latest procurement arrangements. With the uncertainty in the global market and economy the energy companies are taking a step into the unknown in regards to gauging future gas and electricity tendering energy procurement contracts.
It has been widely reported that more than halve of all energy companies are paying over the odds for their utilities due to many reasons, One of the major scenarios of this is because there is no certainty about costs, contracts and price formatting from major suppliers. Another reason as to why various businesses are paying over the odds is due to the confusion of supply contracts being terminated. This results in companies having to pay excessive charges.
Once again companies will have to rely on the government to clarify what’s what when it comes to negotiating energy supplies into the UK from foreign countries.