Tender Management Service
  Public Procurement in UK
  Our Service Mission

Public Procurement in UK

     
   
  HM Treasury estimates that public procurement market, excluding public corporations, is worth around £150 billion per annum. This is broken down Local Authorities (England/Wales) spend approximately £40 billion (Bought–in goods and Services – £27 billion and Capital Expenditure – £13 billion); NHS spends £17 billion (National Contracts £5bn and Regional NHS spend approx £12bn); MoD spends £16 billion; Education spends £10 billion, Civil Government spends £13 billion and Scotland spends £8 billion.  
     
  Big companies have large number of resources involved in managing the entire procurement process of the PSU’s, but large part of PSU procurement is done from small and medium enterprises. The break up of spend on SME is as follows  
     
   
     
  SME’s often find it daunting to manage the long, time taking and resource intensive tendering process of PSU’s  
     
  To get tender ready one must take five simple steps to win you new business via tendering:  
     
 
  • Audit and refine company policies and tender processes
  • Robust tender management procedures and tender document library
  • Produce a quality pre–qualification & tender proposals ready to re–use
  • Proactively get on news feeds to source tenders that suit your business and market
  • Acquire experience based expertise to win more tenders
 
     
Copyright © reserved for BIT WAVE Solutions Ltd