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Siemens Mobility Limited and Siemens PLC has topped the list of Network Rail’s largest suppliers.
The figures reveal the owner and infrastructure manager of most of the railway network in Great Britain spent nearly £8.2 billion in the 12 months to October 2020. This is up from just over £7.5 billion in the previous 12 months.
The list reveals that Network Rail spent nearly £323 million with Siemens and almost £314 million with Balfour Beatty.
Amey Rail Ltd and Amey OWR Ltd, that topped the list in the 12 months prior, is now third, with £266 million.
Earlier on this month Network Rail revealed that SME spending had exceeded £2.5 billion in a single financial year.
In the 2019-2020 financial year, Network Rail spent 35.6 per cent of its total £7.1 billion expenditure with small and medium-sized enterprises (SMEs), exceeding the government target of 33 per cent of annual expenditure to be spent with SMEs by 2022.
The number of suppliers contracted directly by Network Rail was 4,246 in the 2019-2020 financial year, of which 3,051 (71.9 per cent) were SMEs, reflecting an increase of 440 more SMEs than in 2017-18 (2,611).
Network Rail’s direct spend with SMEs increased more than five per cent from 12.77 per cent in 2017-18 to 17.8 per cent in 2019-20.
Commenting on the SME spending, Clive Berrington, Network Rail commercial and procurement director, said: “Our extensive supply chain network plays a vital part in helping us run a safe and efficient railway and accelerate innovation to make Britain’s railway even better for passengers and freight users.
“We have focused a lot in the past two years to ensure Network Rail is more accessible to the SME market. We now work directly with over 3,000 SMEs, ranging from technology companies that design innovative solutions to keep the railway running safely to catering companies that replenish our teams working through the night.
“Since establishing our SME action plan in 2019, we have also launched several initiatives to make Network Rail ‘easier to do business with’ and these results demonstrate we are on the right track. We have developed initiatives to make us more dependable and easier to work with by working smarter with our supply chain and involving them earlier in the planning phase to help us deliver work more efficiently. These initiatives include improved contracting strategies.”
Photo credit: Network Rail
This article first appeared on www.railbusinessdaily.com
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