NI Water has announced it is to host an annual Supplier Day in Antrim.

Service providers are being urged to attend the event which will be held at the firm's training centre on Thursday, 02 November.

The event is an opportunity for all current and potential suppliers to learn more about NI Water's procurement process, our requirements over the next 12 months and how to respond to tenders.

NI Water would also like to meet suppliers with new ideas and innovative solutions,

Ronan Larkin, NI Water's Director of Finance and Regulation, said: "In the 2016/17 financial year alone, NI Water awarded contracts to the value of £165 million to suppliers and contractors. Many of these contracts have benefited local firms in many sectors, not least the construction and engineering sector, thereby continuing to support our local economy at a time of significant challenge.

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"The opportunities for local companies really are tremendous – for every £1 that NI Water invests, the wider knock-on effect in our community is almost double that. In all, as we invest over £620 million in water and wastewater infrastructure over the current Price Control period between 2015 and 2021, we also spend £870 million in goods, services and wages, supporting upwards of 350 local businesses along the way – that all adds up to a hugely positive £2.5 billion ripple effect for our community every year. It truly is worth the while of any potential supplier to come along on 02 November and see what opportunities are available.

"Joining us once again at this year's Supplier Day event is InterTradeIreland who will be on hand to provide advice, particularly in the area of consortium bid opportunities."

(CD)