Recently it has come to my attention that a company may have been promoting the fact that they have done research and due diligence on LED street lighting on behalf of Ontario’s municipal purchasing departments claiming that you can then skip this important step in the purchasing cycle.
Why skip this important step? To save time? To save money? Surely your taxpayers expect you to do the job that you have been hired to do. We all know that lowest cost is not always best cost, especially when it comes to working on behalf of municipalities.
But due diligence is still due diligence. Many of Ontario’s municipalities, through their own research, have determined that sourcing their own insurance for construction contracts routinely provides better rates than another company doing it on their behalf. The same goes for LED street light installations. Many municipalities have chosen not to proceed with the company who claims to have already completed the research and due diligence on their behalf once they discover their own RFP can provide better rates and an overall better program.
We are all taxpayers and we owe it to ourselves, our neighbours, town council, and elected officials to operate in a fair and open competition when it comes to procuring capital upgrades and estimates for work awarded.
A simple Google search defines due diligence as: the reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling something.
After all is said and done, your municipality must own its own due diligence when it comes to city work and LED street light upgrades, and it is an especially easy comparison when it comes to LED street light upgrading to secure a competitive bid.
At our company, ERTH, we have made hundreds of presentations to councils all over Ontario. We have installed more LED street lights in more cities, towns and municipalities than any other company. We are owned locally and strive to keep local procurement in the municipality that upgrades to LED street lights.
If you have any questions or comments, or have your own thoughts on this subject, please contact me. I would love to hear them.
1-888-304-5558 x 282