Quote:
Originally Posted by GP_Matt
A lot of companies now are looking to lock in rates with service providers for longer terms. There are a bunch of RFP's looking for five year rate commitments.
Past RFPs were all about lower rates but no commitment.
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Interesting. They should expect to pay higher rates as I don't think anyone wants to commit to 5 years at current rates, there is little profit currently. Either that or service companies need to be creative to recover costs. One of the biggest issues we are having is operators are all about rates and little thought goes into the quality of the service (or in our case time to perform the service). RFP's are often so inflexible that service companies cannot offer unique or alternative services that would save money in the long term, there is no provision for this in the RFP's.