LHC members benefit from £20m efficiency saving

LHCPublic sector procurement consortium LHC has helped its members save over £20m in terms of hours worked.

Figures released in the LHC annual review for 2013/14 reveal that from April 2013 to March 2014, LHC frameworks were used 229 times by 132 customers on 512 different projects across the UK.

This usage has helped customers save 326,325 hours of work, producing a saving of over £20.3m.

Members have also each benefitted from share of a £2.1m surplus generated in 2013/14 with £135k of the overall £2.3m surplus retained for investment.

As a not-for-profit organisation, LHC distributes any annual surplus of income proportionally amongst its members. Distribution is based on project spend throughout the year, providing a bonus saving on project costs.

In the period April 2013 to March 2014, the value of works undertaken on LHC projects reached more than £131m.

Works carried out across the local authority sector totalled over £73m, and whole house refurbishment generated most value, reaching over £57m.

LHC director John Skivington said: “We are very pleased with LHC’s performance in 2013/14, especially in terms of facilitating value for money projects for our members.

“Frameworks are proving to be an efficient route to building refurbishment procurement, and as a specialist and experienced provider, LHC has been well placed to serve public sector customers.

“Our success comes through our commitment to quality and delivering fast and efficient frameworks.

“Providing technically excellent frameworks to public sector users is our goal, and we will continue to strive to develop and enhance them to meet the needs of our customers.”

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