Tesco has awarded a £12m, two-year sole supply contract to Speedy, a leading provider of equipment rental and support services in the UK.
Speedy will supply all of Tesco’s supply chain contractors in the UK and Ireland working on its store refurbishment, and build programmes for all new and existing stores throughout 2011 and 2012.
The agreement includes the full range of Speedy products including small tools, building equipment and general plant as well as specific products such as powered access, which will be provided through Speedy’s national depot network.
Tesco has also awarded Speedy its ‘Platinum’ supplier status, placing the support services business among its leading contractors.
Tesco contractors will benefit from a dedicated hire desk at Speedy and 24/7 access to Speedy’s market leading extranet system to better manage their needs online.
Tesco’s contractors will also have access to Speedy’s award-winning Health & Safety and environmental initiatives to raise site awareness in respect of safety related products and more energy efficient options for rent.
Vijay Vekria, buying manager for construction at Tesco, said: “We wanted a partner that understood and could support the different phases of our new build and maintenance programme by providing advice, the highest quality equipment and all on a national basis.
“Speedy was appointed because they met these needs with their impressive experience supporting major projects.”