Improving opportunities for SMEs to access public sector contracts

Posted by: Patrick Ward, Creative Times on November 26, 2008 00:00

The Government has announced in it’s pre-Budget report this week that it is to implement all twelve of the recommendations made in the independent report by the Glover Committee on ‘Accelerating the SME economic engine through transparent, simple and strategic procurement’.

The Government will now advertise Government contracts worth more than £20,000 in a single free online portal, it will introduce measures to reduce bureaucracy and will make opportunities more transparent for small businesses. Commenting on the announcement Anne Glover stated that: “If all contracting authorities adopt these actions, then small businesses have the chance to gain a greater share of the £175bn which the public sector procures, and the public sector will also secure greater value for money.”

To read the full report and to learn more about all twelve of the recommendations made, go to HM Treasury website .

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