Our collaborative projects further increase knowledge exchange and buying power compared to ‘single’ or ‘one-off’ projects. Tenet developed the innovative business model of collaborative projects, which we have named FE+. FE+ is a group of six colleges that appointed Tenet to act as their collaborative agent. Tenet co-ordinates joint procurement initiatives across the FE+ colleges. These six colleges (which all compete for students) have now worked together in unison for the first time on many procurement projects. At the end of the inaugural financial year of FE+, the group had accumulated combined savings of £1 million.
Collaborative projects have endless possibilities including management of building cleaning, waste management and manned security services.
Tenet’s managed collaborative projects result in an improvement of efficiencies – for both financial and non-financial aspects.