Torch Integrated Inspection Services commercial aims are to deliver
a High Quality Service which does not compromise the health of our
employees, our customer’s workforces and others with whom we contract
and interact. We ensure through developing a high degree of awareness
and competence that safety issues are not breached and care for
the environment is at the forefront of all our activities.
At Torch we know our services and commercial decisions must reduce
costs and add value to our Customers. In so doing, we ensure a cost-effective
Whilst we strive to deliver a top class service we pride ourselves
in being creative in performance based contractual arrangements
and are confident in maximising our returns through performance
based remuneration. As a service company we are very aware of performing
in a competitive market, therefore we adopt and promote innovative
commercial policies to maintain profitable growth which we can reinvest
in our company’s future.
We operate commercial policies on the following contractual basis:
- Lump sum costs on a known scope of work with performance based
- Fixed Prices for projects.
- Unit rates.
- Hourly rates for ad-hoc services.
- Win/Win contracting through innovative measures.
- By reviewing other options, we find the best solutions.
As our industry has evolved, Torch Integrated Inspection Services
has recognised the importance of managing our Customers costs as
well as our own. We are actively involved in setting and controlling
budgets, administering and negotiating third party costs (through
smart contracting) and analysing results against targeted budgets.
Managing our Customers costs has had a major effect on the way
we carry out our business. Through analysing performance against
set benchmarks we are able to measure achievements and instigate
any necessary improvements.