Why Mantis - FUTURE

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Discover Mantis Innovation

Discover Mantis Innovation

About

Ingenuity Unleashed. Results Delivered.

CASE STUDY

City of Lima, Ohio

Lima: Energy Procurement

This small U.S. city—population 37,000—was burdened with high energy procurement RFP development costs and a limited pool of respondents and contract options.

Solutions

  • Cost Reduction:

    Entice broad competition for the city to drive down year-over-year energy spend

  • Procurement Optimization:

    Eliminate a costly RFP process by converting to a reverse auction for 3rd party electricity & natural gas procurement

2

Intiating Contracts

2

Contract Extensions

$1,652,000

Approximate savings over 10 years

34

Suppliers competing across all contracts

Have Questions? We’re Here to Help!

Discover more about improving facility performance while reducing costs

Results

2018 – 2019
Approx. $390,000 in term savings against previous contract spend

2020
Approx. $410,000 in term savings against previous contract spend

2023-2027 (extension of 2020 contract)
Approx. $552,000 in term savings against previous contract spend

Per RFP event eliminated: $100,000

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while making progress along their unique journey towards increased sustainability