Scottish Procurement Generates More Than £13 Billion
Public procurement wielded substantial economic influence in Scotland throughout the fiscal year 2021-22, a new report shows. This report marks the fifth annual assessment of procurement activities in Scotland, and revealed that public sector procurement spending surpassed £16 billion, with £8.9 billion directed towards Scottish entities.
In terms of economic activity, the report unveiled that public sector ...
$450m US Government System Engineering Contract Won.
KBR, a company providing science, technology and engineering solutions has won new contracts exceeding $450 million to provide advanced systems engineering support and services to the U.S. Government. These contracts, set to run through 2031, include a spectrum of technical expertise including systems engineering, acquisition support, and applied research across space and ground systems.
The scope of ...
Contracts Sealed for England-Scotland Electricity ‘Superhighway’
For sales and bid managers in the renewable energy sector, the EGL2 project presents a wealth of opportunities.
Unlock Success: Wales’ Game-Changing Procurement Act 2023 Reveals Cutting-Edge Learning & Development Program!
A comprehensive Learning & Development initiative slated to roll out ahead of the new Procurement Act's debut in October 2024.
Government Property Agency’s Bold Move: New Strategic Partners to Revolutionise UK Infrastructure.
The Government Property Agency has announced the appointment of two strategic partners to spearhead its Capital Programmes. This move marks a pivotal step towards realising ambitious goals of economic growth.
SME Action Plan to Boost Government Procurement
The Crown Commercial Service (CCS) has announced an SME Action Plan to create a more level playing field for small and medium-sized enterprises (SMEs) in government procurement. As a sales or bid manager targeting public sector contracts, it’s essential to understand how this plan can open up opportunities for your business.
Key Objectives and Measures in the ...
Procurement Agility Impacts British Army Logistics in 2024.
Under a new £282 million contract, Rheinmetall MAN Military Vehicles will deliver 500 multipurpose trucks to the British Army in 2024.
These vehicles will allow personnel to load flat racks onto the platform, which can carry essential logistics such as ammunition, food, water, and support materiel, to operational locations.
The procurement deal is a collaboration between Defence ...
Artificial Intelligence Poised to Transform Public Procurement
Our CEO, Ian Makgill, recently discussed imminent AI impacts on public procurement in an enlightening The Trowers podcast. Rapid advances in generative language models like ChatGPT foreshadow revolutionary change ahead. Yet governments have scarcely begun responding, given the swift pace of progress. Ian explored both challenges and opportunities from AI alongside transparency and data improvements still ...
EU Auditors Flag Declining Competition in Public Procurement
A new report from the European Court of Auditors (ECA) reveals troubling trends regarding competition for European public sector contracts. As bidding managers know, EU public procurement represents a massive €2 trillion market. Yet despite the scale of this opportunity, securing public contracts appears to be getting more complicated, not easier.
The audit shows that between 2011-2021, the average ...
The Buyers That Stole Christmas…Again
It’s that most wonderful time of the year again, but some buyers can’t help but play the role of Grinch with tender deadlines that steal time away from holiday festivities.
We’re returning with an annual updated naughty list of those spreading holiday misery in the procurement world.
You may recall our 2022 blog, which highlighted a depressing 82% increase ...
Harnessing Public Procurement Data to Power Policy Decisions
Public procurement constitutes the purchasing activities of governmental entities. Combined, the $13 trillion worth of annual government contracting these represent an enormous yet often overlooked trove of operational intelligence. If you are unfamiliar with the government's global transparency in procurement approach, our background article, "Transparency in Global Public Procurement", provides an orientation.
Procurement data provides policymakers invaluable ...
Tightened Payment Terms for Public Procurement Suppliers
The UK government's new tightened payment terms for suppliers in public procurement contracts signals a vital move that will have far-reaching impacts across the business landscape when bidding for contracts.
Far-Reaching Scope of New Public Payment Rules
The new Procurement Policy Note 10/23 (PPN) will require suppliers bidding on government contracts to prove they pay 95% of invoices in 60 ...
Public Sector Insights: Unlocking Growth for Trade Associations
As advocates for their respective industries, trade associations are uniquely positioned to guide business growth opportunities. In our previous article, "Export Strategy: Harnessing Government Procurement Data", we explored how government procurement data can seamlessly integrate into export strategy. Today, we will discover how incorporating government procurement data insights can elevate a trade association's leadership, empower members, ...
Navigating Changes in Healthcare Service Provider Selection
The Provider Selection Regime (PSR) is set to come into force on January 1, 2024, introducing new rules for procuring healthcare services in England. As a supplier, you need to understand these changes and how they may impact you.
When Does The PSR Take Effect?
The PSR will come into force on January 1, 2024, replacing current healthcare ...
How Government Procurement Data Drives Changes
Information has become a powerful tool for decision-making, strategy formulation, and accountability. One of the most significant sources of data with far-reaching implications is government procurement data. Beyond the numbers and figures, this data has the potential to drive meaningful change and transform various aspects of society.
In our previous article, "From Raw Data to Strategic Insights: ...