eight2O: Thames Water's Industry-Leading Alliance
16 December 2013
Thames Water’s industry-leading alliance (including the Costain Group) is already working on plans to deliver billions of pounds of essential improvements to its ageing network over the AMP6 period (2015-2020).
Now operating under its name eight2O, the collaborative approach marks a complete transformation in the way Britain’s biggest water and sewerage company delivers capital investment.
Graham Keegan, Chief Operating Officer, of eight2O, said:
“Creating a shared identity was a much needed step forward in terms of enabling our alliance people to feel like part of a strong delivery team. It’s a fantastic milestone and we look forward to working together to achieve our goals.
“The working principles represent a big change from past delivery models and includes a joint team working with an integrated supply community, boosting safety and efficiency and making sure solutions delivered are innovative, sustainable, and present greater value for money in the future – not just the cheapest solution.”
The eight-strong alliance comprises five groupings. These include two design and build JVs consisting of Costain, Veolia and Atkins (CVA) and Skanska, MWH and Balfour Beatty (SMB), as well as a programme manager in MWH and a technology innovator in IBM, plus Thames Water as both client and partner.
Thames Water, the largest water and sewage company in the UK, is using the alliance model to achieve greater efficiency in the delivery of its business plan, with a greater emphasis on collaborative team-working, innovation, sustainability and an integrated supply community, in a bid to lock in long-term value to the company and its customers.
The alliance is set to carry out between £2bn and £3bn of work. Thames Water’s investment programme for the five years from 2015 will be finalised following the 2014 water industry review of prices by the regulator Ofwat. There is potential to extend contracts after this five-year period to 2025.