Terms & Conditions

1. INTERPRETATION

1.1 Definitions:

Business Day:  a day other than a Saturday, Sunday or public holiday in England when banks in London are open for business.

Conditions: these terms and conditions set out in clause 1 to clause 9 (inclusive).

Contract: the contract between the Customer and GASG for the supply of the Services incorporating the Letter of Authority and these Conditions.

GASG: The Great Annual Savings Company Limited, trading as The Great Annual Savings Group.

Letter of Authority: the letter of authority provided by GASG to the Customer and executed by the Customer to authorise GASG to negotiate on behalf of the Customer with Utility Providers.

Services:  the services, including without limitation production of any comparisons, analysis, documents or information produced by GASG for or on behalf of the Customer, to be provided by GASG pursuant to this Contract.

Utility Providers: any provider or supplier of water, gas and/or electricity (which shall include any third party provider of consumption data.)

1.2 Interpretation:

(a)        A reference to a statute or statutory provision is a reference to it as amended or re-enacted. A reference to a statute or statutory provision includes any subordinate legislation made under that statute or statutory provision, as amended or re-enacted.

(b)        Any phrase introduced by the terms including, include, in particular or any similar expression shall be construed as illustrative and shall not limit the sense of the words preceding those terms.

(c)        A reference to writing or written includes email.

2. COMMENCEMENT & TERM

2.1         The Contract shall commence on the date when the Letter of Authority has been signed by both parties and shall continue, unless terminated earlier in accordance with its terms, until either party gives to the other not less than 30 days’ written notice to terminate.

2.2         The Letter of Authority is valid from the date it has been signed by both parties and shall continue until the later of (i) 12 months from that date or such renewal date pursuant to clause 2.3, (ii) such date as GASG still requires authority to terminate an existing contract between the Utility Provider and the Customer, or (iii) termination of this Contract pursuant to clause 2.1.

2.3         The Letter of Authority shall renew on each anniversary of its date of expiry unless the Customer notifies GASG in writing within thirty (30) days of the date of GASG’s written notification to the Customer providing the Customer with the option to opt out of such renewal.

3. SUPPLY OF SERVICES

3.1          GASG shall supply the Services to the Customer from the date of execution of the Letter of Authority in accordance with this Contract.

3.2          In supplying the Services, GASG shall perform the Services with reasonable care and skill.

3.3         Nothing in this Contract is intended to, nor shall be deemed to, establish any partnership or join venture between the parties nor constitute any party the agent of the other party.  The parties acknowledge and agree that GASG is a supplier of Services and acts as an independent contractor to the Customer.

4. CUSTOMER’S OBLIGATIONS

4.1       The Customer shall:

(a)        co-operate with GASG in all matters relating to the Services;

(b)        provide, in a timely manner, such information as GASG may reasonably require, and ensure that it is accurate in all material respects; and

(c)        immediately inform GASG if there is any change in the Customer’s circumstances and/or business, which may affect the provision of the     Services;

(d)        immediately inform GASG if there are any reasons why the authority given by the Letter of Authority should be revoked;

(e)        provide authority for GASG to enter into discussions and/or arrangements with such Utility Providers as GASG may determine (as further detailed in the Letter of Authority) and the Customer agrees that GASG may supply any information, data or documents that GASG may receive from the Customer to any such Utility Provider; and

(f)         comply with the provisions of the Bribery Act 2010 and any other applicable legislation.

4.2          If the performance by GASG of its obligations under the Contract is prevented or delayed by any act or omission of the Customer, its agents, subcontractors, consultants or employees, GASG shall:

(a)        not be liable for any costs, charges or losses sustained or incurred by the Customer that arise directly or indirectly from such prevention or delay; and

(b)        be entitled to recover any additional costs, charges or losses of commissions GASG sustains or incurs that arise directly or indirectly from such prevention or delay.

5. COMMISSION

GASG may receive a commission direct from the Utility Provider in the event that the Customer enters into a supply contract with any Utility Provider.  The amount of commission will vary for each Utility Provider.  Such commission may be included in the price or rates offered by the Utility Provider to the Customer and the Utility Provider shall pay any such commission direct to GASG.  By entering into this Contract the Customer hereby confirms that it is aware that commissions may be payable direct to GASG and hereby waives any rights it may have to challenge such commissions now or in the future.

6. LIMITATION OF LIABILITY

6.1       Nothing in this Contract shall limit or exclude GASG’s liability for:

(a)        death or personal injury caused by its negligence, or the negligence of its personnel, agents or subcontractors;

(b)        fraud or fraudulent misrepresentation; and

(c)        breach of the terms implied by section 2 of the Supply of Goods and Services Act 1982 (title and quiet possession) or any other liability which cannot be limited or excluded by applicable law.

6.2       Subject to clause 6.1, GASG shall not be liable to the Customer, whether in contract, tort (including negligence), for breach of statutory duty, or otherwise, arising under or in connection with the Contract for:

(a)        loss of profits;

(b)        loss of sales or business;

(c)        loss of agreements or contracts;

(d)        loss of anticipated savings of costs of utilities (whether or not such anticipated savings were suggested or calculated by GASG);

(e)        loss of use or corruption of software, data or information;

(f)         loss of or damage to goodwill; and

(g)        any indirect or consequential loss.

6.3       Subject to clause 6.1, the total liability of GASG to the Customer, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, arising under or in connection with this Contract shall be limited to 20%) of the average annual commissions earned by GASG under this Contract.

6.4       The conditions implied by sections 3, 4 and 5 of the Supply of Goods and Services Act 1982 are, to the fullest extent permitted by law, excluded from the Contract.

7. TERMINATION

7.1       Without affecting any other right or remedy available to it, either party to this Contract may terminate it with immediate effect by giving written notice to the other party if:

(a)        the other party commits a material breach of any term of this Contract which breach is irremediable or (if such breach is remediable) fails to remedy that breach within a period of 30 days after being notified in writing to do so;

(b)        the other party takes any step or action in connection with its entering administration, provisional liquidation or any composition or arrangement with its creditors (other than in relation to a solvent restructuring), being wound up (whether voluntarily or by order of the court, unless for the purpose of a solvent restructuring), having a receiver appointed to any of its assets or ceasing to carry on business or, if the step or action is taken in another jurisdiction, in connection with any analogous procedure in the relevant jurisdiction; or

(c)        the other party suspends, or threatens to suspend, or ceases or threatens to cease to carry on all or a substantial part of its business.

7.2       On termination of this Contract for whatever reason:

(a)        termination of the Contract shall not affect any of the parties’ rights and remedies that have accrued as at termination, including the right to claim damages in respect of any breach of this Contract which existed at or before the date of termination; and

(b)        any provision of the Contract that expressly or by implication is intended to come into or continue in force on or after termination shall remain in full force and effect.

8. GENERAL

8.1        Force majeure. Neither party shall be in breach of this Contract nor liable for delay in performing, or failure to perform, any of its obligations under this Contract if such delay or failure result from events, circumstances or causes beyond its reasonable control.

8.2        Assignment and other dealings.

(a)        The Customer shall not assign, transfer, charge, subcontract, declare a trust over or deal in any other manner with any or all of its rights and obligations under this Contract without the prior written consent of GASG.

(b)        GASG may at any time assign, transfer, charge, subcontract, declare a trust over or deal in any other manner with any or all of its rights under this Contract.

8.3       Confidentiality.

(a)        Each party undertakes that it shall not at any time during this Contract, and for a period of five years after termination of this Contract, disclose to any person any confidential information concerning the business, affairs, customers, clients or suppliers of the other party or of any member of the group to which the other party belongs, except as permitted by clause 8.3(b). For the purposes of this clause, group means, in relation to a party, that party, any subsidiary or holding company from time to time of that party, and any subsidiary from time to time of a holding company of that party.

(b)        Each party may disclose the other party’s confidential information:

(i)         to its employees, officers, representatives, subcontractors or advisers who need to know such information for the purposes of carrying out the party’s obligations under this Contract. Each party shall ensure that its employees, officers, representatives, subcontractors or advisers to whom it discloses the other party’s confidential information comply with this clause 8.3; and

(ii)        as may be required by law, a court of competent jurisdiction or any governmental or regulatory authority.

(c)        No party shall use any other party’s confidential information for any purpose other than to perform its obligations under this Contract.

8.4       Entire agreement.

(a)        This Contract constitutes the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter.

(b)        Each party agrees that it shall have no remedies in respect of any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this Contract. Each party agrees that it shall have no claim for innocent or negligent misrepresentation [or negligent misstatement] based on any statement in this Contract.

8.5        Variation. No variation of this Contract shall be effective unless it is in writing and signed by the parties (or their authorised representatives).

8.6        Waiver.  Save as set out in clause 5, a waiver of any right or remedy is only effective if given in writing and shall not be deemed a waiver of any subsequent breach or default.  A delay or failure to exercise, or the single or partial exercise of, any right or remedy shall not:

(a)         waive that or any other right or remedy; or

(b)         prevent or restrict the further exercise of that or any other right or remedy.

8.7        Severance. If any provision or part-provision of this Contract is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this Contract.

8.8        Notices.

(a)        Any notice or other communication given to a party under or in connection with this Contract shall be in writing, addressed to that party at its registered office or such other address as that party may have specified to the other party in writing in accordance with this clause, and shall be delivered personally, or sent by pre-paid first class post, other next working day delivery service or commercial courier.

(b)        A notice or other communication shall be deemed to have been received: if delivered personally, when left at the address referred to in clause 8.8(a); if sent by pre-paid first class post or other next working day delivery service, at 9.00 am on the second Business Day after posting; if delivered by commercial courier, on the date and at the time that the courier’s delivery receipt is signed; or, if sent by email, one Business Day after transmission.

(c)        The provisions of this clause shall not apply to the service of any proceedings or other documents in any legal action.

8.9        Third party rights. No one other than a party to the Contract shall have any right to enforce any of its terms.

8.10      Governing law. This Contract, and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation, shall be governed by, and construed in accordance with the law of England and Wales.

8.11       Jurisdiction. Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this Contract or its subject matter or formation.

Bradley GrovesChief Executive & Founder

Having founded GAS in 2012, Brad has overseen the company’s huge growth in a short space of time. Starting from modest surroundings in South Shields, rapid progress has seen the business move to its current office in Seaham, which is being expanded across the business park to create an 80,000 square foot GAS campus, featuring one of the finest headquarters buildings outside of London and Manchester.

The majority of Brad’s career has been spent on the boards of FTSE companies, at board level in the private sector and in turnaround private equity.  He was Group MD of Caudwell Group and worked on its sale in 2006 for £1.5 billion.

​Brad says:

"Certain businesses we’ve worked with have made six-figure savings over their contract terms. We cover the widest range of business variable costs in the market in one place.  When we get involved with a company, it allows them to focus on their core business.  The extra time we allow them to spend on their strategies can often prove as valuable as the cash we save them."

Did you know?

Brad is the proud Owner and Chief Executive of Spennymoor Town Football Club, who have achieved four promotions and eleven trophies since his takeover in 2009.  His interests outside of business and sport include a passion for animal welfare and he has been an avid dog owner for decades.

Start Saving

Let's see how much you could save.

Judith BennisonGroup HR Director

Judith was part of the team who initially set up Great Annual Savings in 2012, she brings with her an abundance of senior management experience, managing the HR/Resourcing functions in numerous fast growing FTSE250 companies including De La Rue International PLC, Blacks Leisure Group PLC and most recently G4S PLC. Judith has played a pivotal role in helping move the business forward with our ambitious growth plans and her impact has seen our head count grow significantly year on year with significant plans in place to manage and lead the continued growth going forward.

Judith says:

"Businesses who are pro-active continually look at managing their costs effectively, those who wait until a recession hits, are reactive and often too late. We want companies to be pro-active and take the pain away by saving costs now, letting GAS do the fully managed cost solution just makes good business sense for any company, whatever the size or industry. Our business ethos is something I truly believe in and want every company to benefit from our help and support, working collaboratively together is a great way to build long term relationships.”

Did you know?

Outside of work, Judith is a member of the Employer Committee for the East Durham area, which helps businesses network with one another in the Durham region as well as helps to attract people & companies to this area. When she’s not networking across the North East you’ll find her doing some form of health & fitness and be having a coffee somewhere with someone!

Top