Suppliers courted as NI Water offers up £240m in contracts
Government-owned NI Water is releasing contracts to a value of £240m over the next 18 months.
Firms interested in supplying everything from consumable goods to technical equipment are being invited to an event on October 24 at Dunadry Hotel.
Opportunities will include mobile work management, water and waste residuals, and networks maintenance.
Main contractors including Meridian Utilities and Graham Facilities Management will be attending.
Suppliers with innovative ideas are also asked to attended and speak to NI Water's research, development and innovation team.
Ronan Larkin, the firm's director of finance and regulation, said: "There are a number of exciting initiatives happening to help achieve the company's vision of becoming a 'world-class' water utility, capable of meeting future customer expectations at a sustainably lower cost.
"We want to continue to build relationships with great suppliers working alongside us helping us to achieve these ambitious goals."
The supplier event is being held with cross-border body InterTradeIreland, and will include a training zone to help firms understanding the tendering process and the eTendersNI portal.
There will also be advice from economic development agency Invest NI on consortium build opportunities.
Mr Larkin said: "For every £1 that NI Water invests, the wider knock-on effect in our community is almost double that.
"I would strongly encourage the business community, whatever your focus, to come along and meet our procurement teams."
Last month NI Water opened a new £7m wastewater treatment works at Ballycastle, Co Antrim. It also recently won planning permission for a water treatment facility on the site of the former Shackletown Barracks in Ballykelly.
But in its annual report last month, the company warned it was not immune from public expenditure cuts, and was facing a shortfall of £55m.
That could mean the company would be unable to meet the costs of connecting new houses with water and sewage systems, which in turn "underpin wider economic growth".
NI Water revealed revenue of £438.1m for the 12 months to March, up from £422.4m.