CBI: CBI on procurement
Business issues

Procurement

Good procurement - or purchasing - of goods and services by government ensures the public gets the right services they need with good outcomes and value for money for the taxpayer

Overview

All public bodies are under pressure to reduce spending, but they still need to maintain important services which people need. By procuring - spending - more effectively, the public sector can positively change the way many services operate. But that does require improved procurement skills and strong leadership to bring about change. It also means working more closely with providers from the private and third sectors as well as existing public sector providers.

The new 2015 Public Contract regulations, transposing the 2014 EU Procurement Directive, should boost opportunities for SME suppliers and reduce the cost and time required for suppliers to tender for contracts. 

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