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Market Update – November in Review

Posted On: 18th December 2020

Since the COVID-19 crisis began, we have harnessed Tracker’s powerful database, business intelligence and data analysis services to do what BiP has done for the last 36 years – bring buyers and suppliers together.

At the height of the crisis, the company monitored and analysed data from Tracker weekly to make sure that buyers and suppliers were kept up to date with activity in the public sector, with a special focus on central and local government, defence, education and health.

In light of the continuing restrictions and the autumn lockdown, our BiP Solutions media and marketing services, Cadence Marketing, have published a monthly report, in association with DCI to help you understand what is happening in the public sector and how our data, together with powerful business intelligence solutions like DCI and Supply2Defence, can help you engage earlier and succeed in this marketplace.

Each report considers how the public sector marketplace is responding to the latest changes before focusing on one of our key sectors in greater detail. In our latest monthly review, we examine defence trends and spends. Following the Government announcement of the biggest spend in Defence since the Cold War, now is the time for suppliers to tap into this marketplace.

Key Highlights Include:

  • 7374 contract notices published – a decrease of 2.49% compared with October’s figures (though still an increase of 11.27% from September)
  • Of the 2767 contract notices that stated a value, 1016 (36.71%) were worth £100,000 or less, while
    a further 685 (24.75%) were worth £100,000-£500,000, representing continued opportunities for SMEs
  • In November, the defence sector published 271 contract notices – the highest monthly volume since before the start of the first national lockdown in March
  • Well over half of defence notices published in November were non-OJEU, making them potentially of
    interest to SMEs

You can download your complimentary copy here

We are currently dealing with a technical issue causing our services to be temporarily offline. Our customer service team are reaching out to those who may be affected while the situation is resolved. We apologise for any inconvenience caused.

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