26 August 2015 15:00
Somerset Chamber workshops to help businesses profit from large infrastructure opportunities
The Somerset Chamber has launched a series of workshops entitled ‘Raise the Bar’ to help members registered on the Hinkley supply chain prepare not only for Hinkley Point C, but also for other large infrastructure opportunities expected in the region over the coming years.
The inaugural workshop, entitled ‘Driving Opportunities in Large Infrastructure Projects’, was a sell-out success with 50 people attending the breakfast event, held on 19 August at The Hive in Weston-super-Mare.
Five local supplier groups were recently announced by EDF Energy as the preferred bidders for contracts worth over £225million. All five groups were set up with assistance from the Somerset Chamber of Commerce, which is now looking at ways to help the county’s businesses make the most of other opportunities on their doorstep.
The workshop illustrated the size of the challenge and the rewards facing local businesses when preparing to win large contracts with major global corporations. It covered the key learning points that suppliers and supplier groups need to take into account when they engage with any large infrastructure project, bringing the benefit of first-hand experiences with Hinkley Point C to those attending. It also highlighted some of the things that businesses can be doing now to ensure that they make a convincing first impression when the opportunity does arise.
Following the successful event, Chris Langdon from the Chamber’s Hinkley Supply Chain Team said, “It is fantastic to see businesses realising that they must take positive action. They need to put in place the right mix of strategy and professional skills in order to punch through the procurement process and meet the client expectations on large infrastructure projects. The South West is set to benefit from a number of very large projects over the next 10 years and those suppliers who rise to the challenge could see really positive step changes in their businesses.”
Neil Murphy, CEO of the Somerset Chamber of Commerce, said,
“With over £40billion major infrastructure projects planned for Somerset over the next 10 years, it is vital that Somerset businesses are at the front of the queue when the contracts are placed. The Somerset Chamber is intent on giving its members the very best advice and earliest opportunity to prepare by sharing the key learnings from the Hinkley Point C project so far.
“Preferred bidder status has already been awarded to a number of local businesses for contracts worth over £225million, and EDF Energy has committed to partnering with the Somerset Chamber to create even more local engagement over the life of the contract. This first award is the tip of a very large iceberg and the legacy of infrastructure expertise will be left with those businesses that are involved.”
Businesses wishing to find out about future ‘Raise the Bar’ workshops should contact firstname.lastname@example.org or visit www.hinkleysupplychain.co.uk to register on the Hinkley supply chain portal.