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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 ...

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 ...

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 ...

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: ...

All About the £480m NHS IT Deal

The US analytics and AI firm Palantir, partnering with Accenture, could be awarded as the £480m Federated Data Platform (FDP) procurement winner. The announcement is expected after ministers signed off on the decision. Palantir, the current supplier for FDP, was widely seen as the favourite throughout the procurement process. Its main rivals were Oracle and IBM. Background on ...

Maximising Export ROI: Government Procurement Insights

In the ever-evolving landscape of international trade, pursuing a higher Return on Investment (ROI) is a paramount goal for businesses engaged in export activities. While traditional strategies focus on market analysis and customer preferences, a transformative approach is emerging – one that harnesses the power of government procurement insights to unravel new opportunities. Here are some ...

Changing Landscape of UK Defence Contracting

Government procurement always involves navigating complex regulations, but few areas are more intricate than defence acquisitions. In our previous article, "EU's First Joint Defence Procurement Deal", we describe details about the European Defence Industry Reinforcement through Common Procurement Agreement (EDIRPA). EDIRPA seeks to address the longstanding fragmentation of demand among EU member states and aims to ...

From Raw Data to Strategic Insights: Government Procurement Potential

Data-driven decision-making in the realm of government procurement has undergone a significant transformation in recent years. The mountains of raw data generated through procurement processes holds untapped potential to drive efficiency, transparency, and optimal resource allocation. This article explores the journey from raw data to strategic insights, showcasing how governments can maximise their procurement potential. The Data ...

EU Foreign Subsidies Regulation Go Live: Impact on Public Procurement Bidding

Adopted in December 2022, the EU Foreign Subsidies Regulation (FSR) addresses the European Union (EU) internal market distortion caused by foreign subsidies. This regulation closes the regulatory gap concerning subsidies from foreign states, which was not covered by EU State aid rules applicable to EU countries. The notification obligations under the updated FSR came into force ...

Transparency in Global Public Procurement

Transparency is a cornerstone of accountable and responsible governance, particularly in public procurement. Ensuring procurement transparency is a matter of ethical governance and a catalyst for efficiency, fair competition, and economic growth. But the role of transparency in public procurement extends beyond ethical governance; it contributes to the creation of equitable and competitive markets. Here are five ...

EU’s First Joint Defence Procurement Deal

The European Parliament has taken a significant step in enhancing the defence industry and international relations with its first-ever joint procurement agreement for defence. Named the European Defence Industry Reinforcement through Common Procurement Agreement (EDIRPA), this project was initiated in response to the war in Ukraine. Combating Fragmentation of Demand EDIRPA seeks to address the long-standing fragmentation ...

Using Data To Transform Government Procurement

Data-driven transformation is reshaping government procurement by enabling a shift from reactive to proactive decision-making. Here are some of the ways data is supporting that shift. Transparency and Accountability Data strengthens transparency and accountability through real-time monitoring and reporting. Governments can monitor procurement processes in real-time using data analytics. This transparency ensures compliance with regulations, reduces fraud, and ...

Revolutionising Government Procurement with Predictive Analytics

The realm of government procurement is undergoing an evolution. Predictive analytics, an approach to harnessing data insights, is changing how governments approach procurement processes. This article explores the impact of analytics on government procurement, highlighting how it enhances efficiency, transparency, and strategic resource allocation. The Power of Predictive Analytics in Government Procurement Predictive analytics involves leveraging historical data, ...

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