Projects

Major Manufacturing Electricity Sourcing of TTEG Tested

Background: A potential new client had five sites in two states that had contracts about to expire and was considering why it should use TTEG when it had tendered its own requirements in the past.

The Process: The client agreed that it would use TTEG to contact some suppliers but that it would also source prices itself from its existing suppliers.

The Result: By utilising the TTEG Process, TTEG obtained better prices for all sites versus the clients own sourcing. The client will use TTEG expertise in future not only to achieve better pricing, terms and conditions, but also to save on internal costs – refer Clients for additional client benefits.


Bettering the 'Best' Price for a Major Client (SA)

Background: A major food processing plant in South Australia was confident that by using its own processes it had achieved the best possible price in the market to replace its existing electricity contract which expired in the next 6 weeks.

The Process: As they had already achieved the best price of the client was skeptical that TTEG could better their result but to their credit they contracted TTEG to obtain a price for comparative purposes i.e. and peace of mind that the best price had indeed been achieved.

The Result: TTEG obtained a 15% reduction on the client's best electricity price that resulted in a 4% annual saving on their total electricity expenditure. The client was delighted as TTEG's fees represented only about 12% of the total savings versus their best price.


Goldmine Victoria

Background: A major Victorian Gold mine had been at a spot price to take advantage of the lower price versus the contract price for 2001, however, pricing fluctuations had caused the mine to shut down when spot prices were high.

The Process: TTEG was requested to determine contracts or mechanisms to overcome this problem while at the same time minimising costs to the mine.

The Result: TTEG tendered the mine's needs but the prices that were available in the market at that time did not produce a 'best value' result for the mine as far as we were concerned. Thus, TTEG re-entered the market to negotiate a successful outcome based on a mixture of spot prices but with a cap to minimise risk to the mine.

As part of the process the mine also gained from its ability to shutdown some equipment during summer peaks i.e. load shed, which at the time of writing this report was expected to provide additional windfall profit to the mine during the summer peaks.


Expert Advisor for State Government Tender

Background: Following the tender specification development for the previous project, TTEG was appointed as the expert advisor for the entire government electricity tender that included over 8,000 sites and 200,000 streetlights.


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