Gleeds has won a place on Yorkshire Water’s £2 million Commercial Assurance Contract Audit framework. The framework sets out to ensure cost and contract compliance for contracts awarded under the water company’s Asset Management Period 8 (AMP8) investment programme - the firm’s largest ever environmental investment commitment.
Gleeds was successful in its bids across all three framework lots, covering CAPEX, Alliance and OPEX contracts. Initially appointed for a period of three years with the potential to extend, it will now be able to undertake forensic audit and insight activity on around £3 billion worth of commercial contract agreements.
Through the framework, Gleeds will be responsible for identifying value leakage across capital and operational contracts, as well as supporting the annual reconciliation process for alliance agreements, maximising opportunities to improve overall financial performance by minimising inefficiencies, and recommending improvements to enhance value recovery without compromising stakeholder experience.
Lucinda Seagrave, Senior Director for Utilities and Sustainability at Gleeds, said:
This commission is strategically very significant, placing Gleeds at the heart of Yorkshire Water’s AMP8 investment cycle - a regulatory period marked by unprecedented investment and technical scrutiny. Our success demonstrates the water company’s confidence in Gleeds’ capability to deliver high‑impact commercial assurance against a challenging backdrop and reflects years of hard work from our team across other large-scale capital programmes.
“By strengthening cost assurance, protecting investment value, and supporting the efficient, compliant delivery of contracts linked to Yorkshire Water’s multi-billion pound AMP8 programme, our work will help ensure customers receive more reliable services, improved infrastructure, and better long‑term value for money,” she went on to say.
