New procurement thresholds for the UK public sector come into force on 1 January 2020.
The thresholds apply for the purposes of the Public Contract Regulations 2015, Utilities Contracts Regulations 2016, Concession Contract Regulations 2016 and the Defence and Security Procurement Regulations 2011.
Contract Renegotiation: Is your organisation suffering from any of these contract issues?
Are you planning to outsource complex services to one or more providers?
Do you need a different outcome from last time?
Success starts with strategy!
Tenders, in some markets are crucial. Crucial because the sector dictates that a formal tender process is mandatory for any goods and services over a set threshold (e.g. public sector/OJEU), and equally so in other private sectors that run a formal procurement process to ensure best practice and provide a fully auditable selection process.
When responding to tenders, having a well thought out strategy, a thoroughly detailed plan of action and of course, being prepared are the fundamentals required when writing a bid. Juggling all the elements whilst keeping focused on a detailed compliant response that differentiates you from competitors is a very difficult task to master, particularly if you’re responding to multiple tenders at the same time!
But it doesn’t need to be that way!
Effective Procurement Strategies – how to avoid becoming a statistic!
According to the National Outsourcing Association of the UK, over one in four outsourcing agreements don’t meet expectations of the client and a quarter of all relationships fail in any given two-year period. That’s a pretty shocking statistic for businesses that now see the outsourcing of services to specialist suppliers as the norm.
The challenges of developing a winning bid strategy and how to overcome them.
Winning work is difficult. To beat the competition, you need a clear strategy and your bid has to make you stand out from the rest.
Contract awards see an increase by 5.5% in June
The downward trend has been halted this month with Sellafield in Cumbria, the largest contract award with a value of £1.5 billion…
read more in the latest edition of the Economic & Construction Market Review.
What is Benchmarking?
Benchmarking is vital in ensuring that outsourcing contracts remain competitive and fit for purpose during their lifetime which can be 3-10 years. In the face of ever-present cost challenges and a fast-evolving technology market how do you ensure you continue to receive value for money and the best service?