National water retailer, Wave, has won a substantial public sector contract with the Ministry of Justice, following a competitive tender through the CCS Water framework. The three-year contract, which commences in January 2024, comes with an option to extend for a further year and is expected to generate an annual water revenues of around £28m.
The contract is Wave’s second large contract win in recent months, having successfully secured the sole position on YPO’s direct award water framework in September for a second consecutive term.
These key wins affirm Wave’s strong reputation as the Water Industry Award’s ‘Water Retailer of the Year’, whilst supporting the business’s growth plans.
Social value formed part of the Ministry of Justice’s criteria for award of the contract, and Wave was able to demonstrate its social value credentials and customer focus through its forward-facing Social and Sustainability Promise. The company is the third largest water retailer in the market and is committed to supporting customers to achieve optimum water usage and whilst minimising costs and environmental impact.
Lucy Darch, CEO of Wave, said: “We’re delighted to have secured this contract with the Ministry of Justice, which is a significant addition to our portfolio of public sector customers. We’re a trusted supplier throughout the public sector and recognise the significance not just of delivering excellent service, but also contributing to local communities.
“This commitment is demonstrated through our Social and Sustainability Promise and our dedication to identifying inefficiencies and encouraging water and cost savings by collaborating closely with our customers.”
