Confidential & Proprietary | 2024 CBRE Inc.

Ver 1.0 (May 24)

Savings Levers

Suppliers / Pricing

Electrical

Page 1 of 1

Top 10 Savings Opportunities

Typical savings on Electrical maintenance is around 4%-6% (case dependent) which can be achieved through partnership between sourcing and operations teams. Below are 10 savings ideas - use these as a starting point to identify which apply.  Be careful to evaluate the opportunity prior to deep diving into a drawn out RFP.

Multi Year Fixed Price for preventative maintenance / inspections

Establish repair time and materials rates with volume discount in a contract

Value Engineering the frequency of maintenance – equipment optimization

1

2

3

4

5

6

7

8

9

10

Utilize PEP Suppliers (consolidate spend)
Leverage Non-OEM suppliers for service where applicable
Multi-year contract with gradual Consumer Price Index (CPI) increases
Evaluate benefits of PM contract vs. All-Inclusive model
Evaluate self-performance opportunities (PMs, visual inspections, etc.)
Appropriate labor rate by skill-set for service needed (i.e. ensure right level of resource is being deployed)
Ensure non-union resources are deployed if service does not require union resources 
Ensure service delivery is being performed during normal working hours wherever possible (i.e. overtime elimination / reduction)
Link: CBRE Inflation Mitigation Strategies

Non-Traditional Savings Levers To Consider

Ensure Landlord is being held accountable for services outlined in the lease 

1.

Leverage CBRE global relationship for products (i.e. GE)

2.

Consider an "in-house" Electrician for large facilities where spend justifies adding another CBRE full time employee

3.