This week’s Public Sector Procurement Trends report, produced in association with Tracker Intelligence, has been released.
The report provides an update on activities between 26th July – 1st August and shows that 39% of contracts were for less than £100,000 – clearly indicating a continued opportunity for SMEs throughout the public sector.
Other key highlights this week include:
- Local Government is once again the most active sector, followed by Central Government and Health
- 1962 contract notices were published this week, a 3.1% increase from the previous week
- 923 different buying authorities published contract notices this week
The report also shows the top three highest value awards published this week and those awarded to more than 1,300 suppliers; contract volume broken down by sector; and top buyers by contract volume.
The report can be viewed in full here
Back in December, the Government published their Transforming Public Procurement Green Paper, with the goal of speeding up and simplifying procurement processes, placing value for money at their heart and enabling innovation in public service delivery. But what does this mean for UK buyers and suppliers and what challenges lie ahead in the coming months?
Here at BiP Solutions, we are delighted to announce an all-new series of monthly briefings and webinars specifically designed to help buyers and suppliers navigate the challenges which may arise in light of the proposed changes to the current procurement framework. Both the briefings and the accompanying webinars have been specifically tailored to help these organisations to ensure they can work effectively, compliantly and responsively in what is a dynamic and fast-changing environment.
We will also be hosting live events and creating other assets throughout 2021 and beyond, making sure we are supporting our clients through what will be one of the largest set of changes in the public sector procurement landscape for decades.
As well as the upcoming briefings and webinars, our research arm, BiP Inform will soon be releasing the report from our inaugural research project, aiming to give us a better understanding of the thoughts of public sector buyers and suppliers regarding the latest proposals.
‘The proposals within the Transforming Public Procurement Green Paper represent the largest changes to procurement process and practice in the UK for decades. At BiP Solutions we are tracking developments closely and have committed to ensuring our customers are the best informed about what these changes mean and how they should prepare for them. Exciting times lie ahead, but buyers and suppliers should engage with our campaign to ensure they have the information and insight they need to stay compliant and competitive as the proposals become policy and then practice’ (Grahame Steed, Content, Research and Communications Director, at BiP Solutions.)
For all updates and announcements regarding the Green Paper and other key developments in 2021, please visit our dedicated site: www.bip-inform.com
BiP Solutions are proud to launch the first in our new series of BiP Inform monthly market monitor spend analysis reports. The first report, a Healthcare market trends update, covers the NHS and the wider healthcare sector.
Each month, these reports will focus on a specific area of public sector spend, analysing which organisations are spending the most, and with which suppliers. Drawing on data from BiP Solutions’ Tracker Market Intelligence tool, home to Europe’s largest database of public sector tenders and awards, our reports will detail the organisations with the highest spend during the month in question; the suppliers who have won the most and the largest contracts; the regions of the country that award the most contracts and their total combined value; and more.
Key highlights from our Healthcare report, covering data from July 2019, include:
- Total NHS spend during this period was just over £1.6 billion
- 663 notices were published, with a further 535 contracts awarded
- One NHS organisation, Midlands and Lancashire Commissioning Support Unit, is responsible for just shy of 40% of all contracts awarded during this period
- The top buying organisation during this period had a combined awards value of £500 million
BiP Solutions offer a number of other ways to stay informed about the latest updates and trends in the healthcare market, including Health Online, our dynamic online healthcare community. Offering a personalised experience allowing each user to select their areas of interest, Health Online allows users to stay up-to-date with the latest healthcare news as well as network with other healthcare professionals. In addition, BiP Solutions’ P4H (Procurement for Health) series of events bring together leaders from throughout healthcare procurement for keynote talks, skills training workshops and more, as well as supplier networking opportunities.
To find out more about the latest healthcare market trends, download your complimentary copy of the full report here. Further reports covering areas such as local and central government will be published in forthcoming months, allowing you to keep up-to-date with the latest figures.