Lucas said the previous administration started the procurement process six months before the existing contract was due to expire ©AAP/PA Images
Lucas said the previous administration started the procurement process six months before the existing contract was due to expire ©AAP/PA Images

‘Rushed’ contract could see SA government electricity prices spike

6 August 2018

The treasurer of South Australia has said a rushed electricity contract could see central government’s energy bill increase up to 73% to $106m.

Rob Lucas, the state treasurer, said the previous Labour administration only started the procurement for a new whole-of-government electricity contract six months before the existing contract was due to expire, which “left too little time to negotiate the best possible deal for taxpayers”.

To read the rest of this article you need to sign in:
Don't have an account? Register here

JOIN CIPS

Not a CIPS member? Why not join CIPS to access a full range of benefits, including:

  • Access all areas of the CIPS Knowledge on-line library including tools and templates and Supply Management stories.
  • Enhance your network and get connected to a global community of 120,000 in 150 countries.
  • Stay in touch and up to date through member only events and branch meetings.
  • Annual subscription to Supply Management magazine.
  • 10 per cent discount on all training courses, workshops, seminars and conferences.
  • Up to 15 per cent discount on books from the CIPS book store, including course books and a range of further reading text books.

And much more. Click here to join >

LATEST
JOBS
Essex
Up to £111,100
Essex County Council
Stratford E15 / Agile
£50,000
Swan Housing Association
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE