Large companies have always had the pick of government contracts but smaller compaines will soon be getting bigger slices of the pie. Soon businesses nation-wide will have access to local and central government contracts, thanks to an new web service. The Small Business Service and the Office of Government Commerce jointly announced the new scheme that will allow smaller companies to find and bid for government contracts.
99% of companies in the UK are considered small or medium (SME’s), and it is hoped the national portal will allow them access to numerous government tenders. Small Business and Enterprise Minister Nigel Griffiths said: “I want to make sure that small firms of all types have access to a slice of the public sector procurement cake. By developing a national portal to bring together buyers and sellers we can cut the time and effort that small firms spend hunting for contracts while increasing the options available to public sector buyers, helping to ensure better value for money for the taxpayer.”