Benchmarking and Market Testing
George Street is able to independently undertake benchmarking and market testing exercises for Authorities, SPVs and FM Providers.
Benchmarking
Our extensive database of PFI/PPP projects throughout the UK provides us with access to accurate FM costs in the Health, Education and Defence sectors. Armed with this information we have the necessary tools to ascertain the competitiveness / value for money of the services being provided.
Market Testing
We have the capability and experience to impartially manage the entire market testing process. If required we will identify prospective bidders, produce the tender documentation and evaluation criteria, assess tender returns and make final recommendations as to the most economically advantageous bid.