Sixth-Largest US School District Saves Over $500,000 by Utilizing a Cooperative

THE OPPORTUNITY

• With 237 schools and more than 182,000 students, Hillsborough County Public Schools, which encompasses Tampa, Florida, is the sixth-largest school district in the United States.
• Historically, Hillsborough’s natural gas procurement was managed through the Department of Management Services for the State of Florida contract.

THE APPROACH

• Tradition Energy evaluated Hillsborough’s existing natural gas agreement (managed by the State) and identified that the District was on a variable natural gas product. Variable products are volatile because they change price every day and can lead to high monthly costs.
• With its energy contract managed by the State, Hillsborough did not have the market transparency or understanding of how its natural gas rates were being determined. They were unaware of products options that could provide budget certainty and cost reductions.

THE RESULTS

• Hillsborough County Public Schools utilized its OMNIA Partners, Public Sector cooperative contract, giving them access to Tradition’s energy risk management and procurement services.
• The Tradition Energy Pricing Team sourced natural gas rate offers from local suppliers who competed for the District’s business.
• As a result of the competitive procurement process involving all-natural gas suppliers, Hillsborough achieved a new rate that reduced its costs by 41% versus their previous contract and saved the District more than $540,000. 

To read the full story, click here.

About OMNIA Partners

OMNIA Partners is the largest and most experienced organization in procurement and supply chain management. Covering both the private and public sectors, OMNIA Partners unites industry-leading buying power and world-class suppliers to offer an extensive portfolio of sourcing solutions and partnerships. Learn more about the contracting process here.

Brought to you by: