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Transpower renews maintenance contracts

6 July 2015

Transpower renews maintenance contracts

Transpower announced that it had renewed contracts with Electrix, Northpower, Electronet, and Transfield Services for the servicing and maintenance of New Zealand’s transmission lines and substations.

The new three-year contracts are effective from 1 July 2015, and will ensure that Transpower, the owner and operator of the national grid, is able to meet its operating and financial targets.

Transpower’s General Manager Grid Performance Jim Tocher said that a thorough process of submission evaluation and pricing renegotiations had been undertaken over many months with our service providers.

“We are pleased to be renewing our agreements, and continuing our relationship with these companies. We are confident that we will see significant benefits as a result of these renegotiations through efficiency improvements and working together with greater transparency - delivering better value for our businesses and New Zealand.”

“As part of the renegotiations, we have found efficiencies in rationalising the number of service providers currently used for our maintenance work. Therefore, we have moved to four rather than five service providers. As we were unable to agree pricing, we did not renew a contract with ABB, and their existing contract will be come to an end on 30 November 2015. However, they will continue to remain a valuable partner providing services as a transformer repair specialist, a major project contractor, and equipment supplier.”

“Over the next two months, the service areas currently serviced by ABB will be negotiated with our remaining service providers.”

“We appreciate the time that our service providers have put into renegotiating our maintenance contracts to ensure that we can continue to provide a secure and reliable transmission service at a cost that represents best value for electricity consumers,” he said.


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