Loading...

Our best look yet: Visit the new BiP Corporate website

As the leading provider of procurement support and intelligence it is important to us that our own website represents exactly what our business does.

Our business provides a range of unique online tools used by procurement professionals across the public and private sector. Innovation as at the heart of what we do, so why wouldn’t we start by making improvements to our core company website?

30 years in the making…

A lot has changed since we started over 30 years ago. The BiP brand has expanded recently with the acquisition of Promark and Ingenium, and the new and improved website reflects this, with areas focused on:

  • Business Intelligence
  • eSourcing
  • Accreditation
  • Events/Consultancy
  • Media and Marketing Solutions
  • eProcurement & Supply Chain Services

Users entering the BiP Corporate website can now instantly access the area which is the most relevant to them in just a couple of clicks!

Still passionate about what we do

The people behind our business have passion for what we do and are determined always to exceed customer expectations through constant innovation. Several months, drafts and small details later, our team has arrived at the final result!

Employees across the business have worked hard on the new website, ensuring that website content and functionality run seamlessly.

The new website not only offers an enhanced user journey but also gives those using the site access to the most accurate information from experts in the field.

Tell us what you think!

BiP has always valued the feedback of our customers, business partners and employees and we always will! That is why our team invite you to view the new and improved BiP website.

We aim to create an online space which is both welcoming and user friendly, somewhere that our valued customers, partners and employees can access information about our business whenever they require it.

If you would like to share your opinions on the new website with us, contact us via email at info@bipsolutions.com.

Keep in touch

We are constantly updating our news and resources section. Our in-house content creators can help you stay up to date with all the most important procurement news not just in the UK but across the world.

Brexit Update: EU Agrees on Future Trade Strategy

brexit_trade_agreements_bip_solutions

There have been updates on what trade negotiations between the UK and the rest of the world will look like post Brexit.

Today, Prime Minister Theresa May has called for a “new dynamic” during the next stage of negotiations. She is optimistic that a deal can be reached which will benefit both Britain and Europe.

EU negotiators have already accepted the UK’s demand to pursue an independent trade policy while remaining inside the customs union and single market during the transition period from 30 March 2019 to the end of 2020.

Find out more below.

Independent Trade Policy

At the start of the year, the Secretary of State for International Trade said that the UK Government wants to maintain British businesses’ “guaranteed rights to access global public procurement markets worth approximately £1.3 trillion per year”.

On 15 March, it was announced that the latest draft of the transition deal leaves Britain free to sign trade deals during the Brexit transition period. The Government will not be required to seek permission from the European Union.

It appears that both sides of the Brexit divorce are now closer to agreeing on a transition package deal with Germany’s Brexit co-ordinator, Peter Ptassek, stating that negotiations were running smoothly, with a “lot of progress” being made.

World Trade Organisation

As well as the UK being able to sign trade deals during the transition period, the EU has also agreed that the UK does not need to defer to Brussels at the World Trade Organisation in Geneva. Instead, the UK can participate “in its own right”, however,, it must not contradict EU policies. This is crucial to the realisation of International Trade Secretary Liam Fox’s ambition for the UK to sign trade deals with up to 70 countries during the transition period.

Irish Border Negations

Both Westminster and the 27 EU Member States (EU27) want to find a solution that will keep Northern Ireland’s border with the Republic open without border checkpoints as it is at present. This is challenging, given that, post Brexit, the Irish border will be the land boundary between the UK and the EU.

The EU27 made it clear that reaching a deal on the Irish border was crucial to all future agreements with the UK including the vision of the “wide-ranging and ambitious” free trade deal envisaged in the seven-page blueprint for a future deal between the EU and UK endorsed by EU27 leaders at today’s summit in Brussels.

It was expected that the EU27 would approve a draft deal on Britain’s transition to Brexit, opening the door for talks on trade. This morning, President of the European Council, Donald Tusk, announced a Brexit deal was done.

Theresa May told the EU27 leaders: “We have the chance now to create a new dynamic in the talks, to work together to explore workable solutions on Northern Ireland, on our future security co-operation and in order to ensure the future prosperity of all our people.”

Keep following the BiP Solutions blog for news, analysis and commentary on public procurement and Brexit.

P4H Scotland: Event Overview

P4H Edinburgh - Jim Miller

The Scottish healthcare procurement community was brought together at yesterday’s event at Edinburgh International Conference Centre.

The main focus of the inaugural P4H Scotland event was to enhance the capabilities of procurement personnel and showcase innovative Scottish suppliers.

 

What was on?

Throughout the day there were educational and networking opportunities designed to enhance knowledge and facilitate the development of new business opportunities. A focal point of the day was the Keynote Arena where delegates heard speeches from:

  • Duncan Eaton – Executive Advisor to the All-Party Parliamentary Health Group
  • Jim Miller – Procurement Commissioning & Facilities Director, NHS Scotland
  • Mark Cook – Government Affairs Director, Medtronic Inc
  • Louise McGregor – Head of Circular Economy, Zero Waste Scotland
  • Mike Winter – Medical Director, NHS Scotland

 

P4H Scotland 2018

The opening event has been received well by everyone that attended, with excellent feedback from delegates and presenters and exhibitors.

Alison Brown, Transformation Director, Procurement Transformation Programme, NHS National Services Scotland, spoke to BiP Solutions on the day and said that

“There has been a great buzz at this event, a really good atmosphere… Strong relationships are built at events like this and that’s what today has been a lot about for me!”

Focus on Healthcare Procurement

The event is dedicated to the success of healthcare procurement across Scotland. The NHS in Scotland spends over £2.3 billion each year on a diverse range of goods and services, making it a desirable marketplace for any supplier looking to develop new business opportunities.

Iain Cruwys, Logistics Director for NHS NSS Procurement, Commissioning & Facilities, believes that there are many benefits of events like P4H Scotland as they not only bring suppliers and buyers together but they can also be interactive and educational:

“I think, above all, an event like P4H Scotland has saved us a tremendous amount of time! We have everyone in the one place, making it a great place to have conversations.

“ I have been able to bring a large number of my team here today and they will have benefited from it hugely!”

P4H Edinburgh

Event Sponsors

Among the P4H Scotland sponsors attending on the day were Veritas Technologies and Global Healthcare Exchange (GHX); both were impressed by the turnout of buyers and suppliers.

Veritas Technologies deliver solutions designed to serve the world’s most complex, heterogeneous environments. Dave Burke, Regional Sales Manager at Veritas said that:

“P4H Scotland was really important to us. The NHS is a key part of the community and it is important for Veritas to contribute ideas to the public sector at events like this, which is why we wanted to be a part of it.”

On behalf of Global Healthcare Exchange (GHX), Key Account Manager James Minards spoke to our team about what attracted their business to the P4H events:

“We supply a lot of goods and services into the Scottish healthcare market and it is important that we have a presence at P4H Scotland so we can engage with our clients!”

The P4H England event will take place on 12 July 2018. Tickets are FREE for public sector delegates and cost just £95 for the private sector.

If you would like to invest in the development of new and existing business opportunities by participating in this hugely important event, you can call 0845 270 7066 to find out more.

Spring Statement 2018 – Industry Highlights

https://www.bipsolutions.com/wp-content/uploads/2018/03/philip-hammond_spring-statement-2018.jpg

“There is a light at the end of the tunnel”, the main message from today’s Spring Statement.

Chancellor of the Exchequer, Philip Hammond, presented the Government’s Spring Statement on 13 March 2018.

He has promised that the Government will champion those who create jobs and wealth, not “demonise them”.

What is the spring statement?

  • Philip Hammond provides an update on the overall health of the UK economy.
  • The Spring Statement includes forecasts from the Office for Budget Responsibility (OBR).
  • Informs the UK public on any progress that has been made since the Autumn Budget 2017.
  • The Spring Statement encourages the public and businesses to give their views on changes that are being made by the UK Government.

What’s changed since Autumn Budget 2017?

Hammond says “substantial progress” has been made in the Brexit talks.

Philip Hammond announced that over £1.5 billion has been allocated to departments and devolved administrations in preparation for Brexit.

This spend is part of the £3 billion figure which was announced at the Autumn Budget 2017, which will be spent over two years.

Economy and fiscal forecasts

The Chancellor of the Exchequer was glad to announce that the economy continues to grow. The economy has been growing for five consecutive years, and exceeded expectations last year.

The OBR has also increased their forecast for growth this year.

Business

Moving forward, the Government say that they will “go on supporting British businesses”.

This year’s Spring Statement gives businesses a sense of stability that will help them to plan. Philip Hammond said that the Conservative Government is “the champion of entrepreneurs” and that he places to reduce business rates by “over £10 billion”.

Next business rates valuation will be brought forward to 2021, it was due in 2022. Many businesses will benefit from the change to three-year revaluations earlier, with the first taking place in 2024.

Education

After announcing that this market economy embraces talent and opportunity, Philip Hammond stated that the “Education secretary will release up to £80m for small firms to take on apprentices”. In total, he promised that £2.2 billion more will be spent on education and skills.

He believes that this investment will take public services and infrastructure “to its highest sustained level in 40 years”.

Construction

In April 2018, the £29 million construction skills fund will open for bids. This project will pay for a maximum of 20 construction skills villages around the country.

Housing

During the Spring Statement Philip Hammond revealed more about his plan to tackle the UK’s housing challenge.

It was announced during the Autumn Budget 2017 that the Government are backing an investment programme. £44 billion will be spent over the next five years.

The Chancellor of the Exchequer said that we are on track to raise the supply of homes to 300,000 a year on average by the mid-2020s.

Other key housing announcements include:

  • The Government are working with 44 areas on their bids into the £4.1 billion Housing Infrastructure Fund.
  • The Housing Growth Partnership, the organisation that provides financial support for small housebuilders, will be doubled to £220 million
  • London will receive £1.67 billion, this will help the city to build 27,000 affordable homes by the end of 2021-22.

Technology

During the Spring Statement 2018, Philip Hammond made the first allocations of the £190 million local full fibre challenge fund which was first announced during the Autumn Budget 2018.

He confirmed that £25 million would fund the first 5G testbeds.

What’s Next?

Today the Chancellor revealed that the Autumn Budget 2018 will set an overall path for public spending for 2020 and beyond. There will also be a detailed Spending Review to take place in 2019.

BiP Solutions

As thought leaders within the Procurement sector, we keep up to date with all the latest news not just in the UK but across the world. Follow us on LinkedIn or Twitter to gain access to all of the content we post on our blog.

To find out more about our business and products, visit the BiP Solutions website.

BiP Spring 2018 Event Calendar

Go Awards 2018

Our Spring events are approaching and it’s all go for the BiP Events team!

With exhibitions and GO Award ceremonies across the UK and ROI, we are looking forward to meeting delegates, exhibitors and finalists over the next few months.

We have listed our Spring 2018 events below…

GO Awards Northern Ireland

Titanic Hotel, Belfast

14 March

This event is dedicated to recognising those individuals, teams and organisations that have gone above and beyond normal standards, to make real differences to the quality of public services in Northern Ireland.

There is still time to apply!

Closing date for GO Awards Northern Ireland submissions is 5pm on Monday 5 February 2018.

Goawards Northern Ireland logo

Procurex England South

Olympia London

15 March

Held in central London, this event is the largest annual gathering of pan-sector public procurement professionals and market leading suppliers.

This event is free to attend for the public sector, make sure that you and your organisation are seen at the South of England’s leading public procurement event of the year. Tickets for the private sector are just £95.

There is also limited exhibition space available for this event. To secure your stand at Procurex England South 2018 today, simply email exhibitions@procurexenglandsouth.co.uk.

Procurex England South logo

 P4H Scotland

EICC Edinburgh

20 March

The countdown is now on to Scotland’s NHS Procurement Event of the year, P4H Scotland. This event is supported by NHS & all 14 Scottish Health Boards. The inaugural P4H Scotland 2018 event will provide a unique promotional, educational and engagement platform, where professionals engaged within the delivery of NHS procurement and suppliers to the healthcare sector can connect and share best practice.

If you would like to invest in the development of new and existing business opportunities by participating in this hugely important event, you can call  0845 270 7066 to find out more.

P4H scotland logo

Defence Procurement, Research, Technology & Exportability (DPRTE)

Motorpoint Arena Cardiff

27 March

This event is officially supported by key procurement organisations such as DE&S.

Defence Procurement, Research, Technology & Exportability (DPRTE) is now firmly established as the UK’s leading annual defence procurement and supply chain event.

Focused towards both buyers and suppliers engaged throughout the whole defence acquisition supply chain, DPRTE 2018 will provide attendees and exhibitors with an invaluable opportunity to enhance knowledge, share best practice and showcase innovation, in addition to gaining an invaluable insight into the latest policies, initiatives and opportunities across the defence procurement and supply chain marketplace.

Those exhibiting get the opportunity to engage with defence sector procurement buyers from across the country. This one-day networking event will allow you to promote your product or service and build valuable relationships with buyers, giving your business a competitive advantage.

To discuss the exhibition packages available at DPRTE 2018 contact our team at: exhibitions@dprte.co.uk

 DPRTE 2018

UK Infrastructure Show

NEC Birmingham

17 April

Promote your innovative solutions to over 1300 decision makers at the UK Infrastructure Show 2018.

This event is officially supported by CompeteFor and many other major ongoing and future infrastructure projects. Participants at this event can engage, connect and collaborate with each other.

To discuss how your organisation can benefit from exhibiting at the UK Infrastructure Show 2018, email: exhibitions@ukinfrastructureshow.co.uk

UK Infrastructure show 2018

Procurex England North

Manchester Central

24 April

Would your organisation like to be part of the North of England’s Festival of Public Procurement?

Procurex England North, featuring the Crown Commercial Service (CCS) Showcase, and followed by the UK National GO Awards, will give both procurement professionals from across all sectors and industry-leading suppliers a unique opportunity to explore and interact with the key themes of Innovation, Education and Collaboration.

At this event both buyers and suppliers will have the opportunity to enhance their knowledge and skills through the extensive networking and collaboration opportunities that are taking place.

Like Procurex England South, this event is free to attend for the public sector. Tickets for the private sector are just £95.

To secure your stand at Procurex England North, email: exhibitions@procurexenglandnorth.co.uk

 Procurex North 2018

UK National GO Awards

Hilton, Deansgate

24 April

The GO Awards truly are the ‘Oscars of Procurement’. All categories are judged independently and there is a strong focus on the endeavours of projects, organisations and teams that strive to lead the way in public procurement.

Closing date for submissions is Friday 2 March 2018.

National GOAwards

Procurex Ireland

RDS Dublin

April 26

Our last spring event is Procurex Ireland 2018. This unique event gives procurement professionals across all sectors and industry-leading suppliers from both the Republic of Ireland and Northern Ireland a unique opportunity to explore the key themes of Innovation, Education and Collaboration.

There is still time to register for your place for this event.

To find out further details of the exclusive sponsorship and exhibition opportunities available, email: sponsorship@procurexireland.ie

 

 Procurex Ireland

BiP Events

All events that are hosted by BiP Solutions are featured in our events diary. Attending and exhibiting at procurement events will allow your organisation to experience new and exciting procurement networking opportunities.

EU Public Procurement Thresholds 2018

EU Flag

On 1 January 2018, new EU public procurement thresholds were introduced.

If you work with public sector bodies, then it is essential that you are aware of the new value thresholds.

Find out more below or download our EU Procurement Thresholds 2018 now.

What organisations must follow these thresholds?

The new thresholds apply to the following types of contracting authorities, as defined by the Public Contracts Regulations 2015:

  • Central Government departments (and their Executive Agencies)
  • Non-Departmental Public Bodies
  • Executive Agencies
  • Wider public sector organisations

Buyers for all types of contracting authority must ensure that all contract notices for procurement valued above EU thresholds are published throughout the EU via the Official Journal of the European Union (OJEU).

Note: Changes from the 2016-17 thresholds are indicated in red below.

The Public Contracts Regulations

The European Public Contracts Directive is transposed into UK law by the Public Contracts Regulations 2015 and the Procurement (Scotland) Regulations 2015. It governs the procurement activities of public sector bodies including government departments, local authorities and NHS Trusts.

Public Contracts Regulations 2015

Public Contracts (Scotland) Regulations 2015

Supplies and Service Contracts Works Contracts Social and other specific services
Central Government* £118,133|€144,000 £4,551,413|€5,548,000 £615,278|€750,000
Other public sector contracting authorities £181,302|€221,000 £4,551,413|€5,548,000 £615,278|€750,000
Small Lots £65,630|€80,000 £820,370|€1,000,000 N/A

The Defence & Security Regulations 2011 currently apply to entities operating in the fields of defence and security. The specialised nature of the market means that specific thresholds have been created for this sector.

Defence and Security Public Contracts Regulations (2011)

Supplies and Service Contracts Works Contracts
All Sectors £363,424|€443,000 £4,551,413|€5,548,000
Small Lots £65,630|€80,000 £820,370|€1,000,000

The Defence & Security Public Contracts Regulations* and Entities listed in Schedule 1 PCR 2015 & PCR(S) 2015.

The Utilities Contracts Regulations 2016 and Utilities Contracts Regulations (Scotland) 2016 apply to certain utility companies operating in the energy, water, and transport sectors.

Utilities Contracts Regulations 2016

Utilities Contracts (Scotland) Regulations 2016

Supplies and Service Contracts Works Contracts
All Sectors £363,424|€443,000 £4,551,413|€5,548,000
Small Lots £65,630|€80,000 £820,370|€1,000,000

Concessions Contracts Regulations 2016

Concessions Contracts (Scotland) Regulations 2016
Service Contracts Works Contracts
All Sectors £4,551,413|€5,548,000 £4,551,413|€5,548,000

The Concession Contracts Regulations 2016 and Concession Contracts Regulations (Scotland) 2016 govern contracts under which a contracting authority or utility outsources works or services to a company which has the right to commercially exploit the works or services to recoup its investment and make a return.

How long will these thresholds be in place?

The new OJEU procurement thresholds launched on 1 January 2018, and will be in place until 31 December 2019.

If you have any questions regarding the new thresholds, contact the Crown Commercial Service Helpdesk (0345 010 3503).

For more procurement updates, continue to follow the BiP Solutions blog…

New EU Public Procurement Thresholds Coming Soon

https://www.bipsolutions.com/wp-content/uploads/2017/12/European-Union-Public-Procurement-Thresholds

The current thresholds for contracts governed by the Public Contracts Regulations have been in place since 1 January 2016. They are due to change on 1 January 2018. This could mean changes are on their way for your business so make sure you are on high alert for when the new thresholds are announced.

To recap what the EU public procurement thresholds are, let’s look over the laws that you must consider when working with the public sector.

Public procurement law

Public procurement law regulates public sector purchasing and certain utility sector bodies.

When procuring goods and services over the financial threshold, the public procurement laws governing the process are the Public Contracts Regulations 2015 in England, Wales and Northern Ireland and Public Contracts (Scotland) Regulations 2016 in Scotland.

These Regulations transpose into UK law the agreements reached in the EU Public Contracts Directive (2014/24/EU).

The purpose of the Directive – and therefore of the Regulations –  is to open the EU’s public procurement market to competition. These laws stop ‘buy national’ policies and help to promote the free movement of goods and services between European countries, as well as non-discrimination between buyers and suppliers.

Find out more about procurement legislation in the Ultimate Guide to Winning Government Contracts.

What are procurement thresholds?

Obviously, it is not sensible to open every tiny procurement up to European competition nor to expect very small procurements by public bodies such as parish councils to be subject to the full set of Regulations. Therefore, a set of value thresholds has been put in place – the EU public procurement thresholds.

The EU public procurement thresholds are agreed by the European Commission every two years. Contract opportunities issued by buyers in any EU Member State which are valued at or above these thresholds must be submitted to the OJEU (Official Journal of the European Union) for publication throughout the European Union. This opens them up to suppliers throughout the EU.

These contracts are subject to the above-mentioned Regulations, which transpose into UK law the agreements reached in the EU Public Contracts Directive.

Contract opportunities valued below these thresholds do not have to be published outside their country of origin and are subject to slightly less stringent regulation.  The lower the value of the opportunity, the less stringent the requirements for competition and transparency surrounding the procurement.

When will the new procurement thresholds be announced?

The new thresholds are due to be announced any day as the current thresholds are only applicable until 31 December 2017. Keep up to date with the most recent procurement legislation on our website or follow us on LinkedIn or Twitter.

Introduction to Procurement – Opportunities in 2018

preparing for public procurement opps 2018

While your competitors prepare to wind down for Christmas, you can brush up on your public procurement skills and look for prospects with the backing of a PASS Procurement “Introduction to Procurement” course.

Now that the Autumn budget has been announced, your business can focus its attentions on winning new business. The UK Government wants to work with businesses of all sizes, in all sectors, therefore there is no reason why your business shouldn’t start to look for public procurement opportunities. Why wait? Let’s get started!

Preparing for Tender Opportunities

If you have found an opportunity within the public sector that looks suitable for your business but you are unsure how to tackle it, there are certain steps that are vital when it comes to winning public sector contracts.

Planning

One of the best things you can do is prepare and plan. A winning team is key for winning public procurement opportunities. but lack of resources should not put a sole trader off. The most important thing is to take your time to prepare a strong bid.

Proofing

Creating a timetable at the start of the tender response process will help you to work towards the final deadline date more efficiently. It is important that your tender response is not rushed. If you do not have a proof reader in your team, then make sure that you allocate time to checking your response before it is sent away.

Timing

A good tender response takes time, so choose your battles wisely – only apply for opportunities that you realistically could win. Public sector procurement is competitive and you will be judged on both content and presentation. Make sure you have answered all the questions asked before you consider showing how you could innovate or exceed the requirements of the contract. Above all, apply for the opportunities that would be the most valuable to your business and give yourself extra time to spot any silly mistakes that may have slipped through the net.

training for public procurement

How Can BiP Help?

Public procurement opportunities can be extremely lucrative for organisations that want to win more business. If you have not worked with the public sector before, then the BiP Ultimate Guide to Procurement will give you a head start when it comes to winning government contracts.

Introduction to Procurement

After reading the Ultimate Guide to Procurement, the best way for beginners to approach public procurement is by attending an introductory course. Once you understand the procurement journey you will be well on your way to winning new business.

PASS Procurement’s Introduction to Public Procurement is specifically designed for buyers and suppliers, providing a full overview of how the public procurement process works, from start to finish.

pass procurement logo

There is only one more date for this course in 2017. However, the PASS Spring schedule 2018 is offering course dates across the UK. You will find all PASS Procurement course dates in our events diary.

The last Introduction to Public Procurement event for 2017 is on 13 December in Glasgow City Centre.

Autumn Budget 2017 Public Procurement Opportunities

autumn budget announcement: public procurement opportunities

Theresa May has declared that the latest Budget announcement will make the UK “fit for the future”. This leaves us wondering what public procurement opportunities will come from this optimistic budget.

If you have been following the fallout from the announcement on 22 November, then you will know that technology, housing and infrastructure were three of the sectors that have been given the biggest boost.

The Government’s Commitment to SMEs

Moving forward, the Government wants to work with innovative businesses from different backgrounds.

Last Wednesday, Chancellor of the Exchequer Philip Hammond said:

“If we don’t do more to support the growth of the SME housebuilding sector, we will remain dependent on the major national housebuilders that dominate the industry”.

The Government is keen to increase diversity in the housebuilding sector, which is currently dominated by a handful of large companies. The Government also sees small to medium-sized enterprises – which make up 99% of UK businesses – as key to economic growth and development and has set ambitious targets for doing business with SMEs since David Cameron came into office in 2010.

The Government’s aim is that by 2020, one pound in three of government procurement spend will go to SMEs, whether directly or indirectly as part of the supply chain. This suggests that there will also be subcontracting opportunities that will boost employment and business growth statistics within the UK.

more money for public procurement after the budget

How Does Subcontracting Work?

The Budget will not only open up opportunities for larger companies, but spending is likely to have a ‘trickle down’ effect.

Data from the National Audit Office shows that 60% of the Government’s spending with SMEs came via a larger contractor in the supply chain.

If a larger company does win a sizable contract, they often need to rely on subcontractors to deliver certain aspects of the work, particularly in specialist areas.

Where Are the Opportunities?

The Budget announcement promised that the Government will support the building of 1 million new homes in Oxford-Cambridge corridor. This follows on from the 2016 Budget, which included funding for a new road between Oxford and Cambridge.

On top of this, £540 million will be spent on infrastructure in Northern Ireland as part of the Conservatives’ deal with the DUP. This boost for both housing and infrastructure means that procurement opportunities across a variety of sectors throughout the UK will start to open over the next year or so.

Other opportunities for infrastructure included the investment into the replacement of the 40-year-old rolling stock on the Tyne and Wear Metro, which will be funded by Government money.

Find & Win Public Procurement Tenders

Our Industry Highlights blog features the main takeaways from each sector, including a breakdown of where the money will be spent and what it will be spent on.

It is important that, as soon as your organisation spots a public procurement opportunity, you start to strike up pre-tender conversations. This will leave an impression with buyers who want to work with individuals in your sector.

Start the Process

If you are part of an SME business, now is a perfect time to start looking for public procurement prospects.

When it comes to tendering, you should always stay one step ahead of your competition. Our products allow suppliers in all sectors to find relevant tenders as soon as they become available. This means that suppliers can bid more competitively.

If you have pinpointed an area of Government investment and view it as an opportunity to sell to the public sector, now is a good time to purchase a subscription to a public procurement portal like Tracker Intelligence.

For a better insight into our products, visit our website.

Autumn Budget 2017 – Industry Highlights

UK Autumn Budget 2017 Announcement in London

Chancellor of the Exchequer Philip Hammond presented the Government’s first Autumn Budget on 22 November. An optimistic Mr Hammond opened his Budget stating that he hoped for a “Britain that we can be proud of”, and after he promised us a “Britain fit for the future”.

This forward-thinking Budget very much focused on the needs of millennials, start-up businesses and the technology sector with stamp duty land tax (SDLT) on homes under £300,000 for first-time buyers abolished and investment allocated to a range of initiatives from artificial intelligence to 5G and full fibre broadband.

Housing, Health and Infrastructure were also given a boost, which is great news for those looking for future procurement opportunities in these key sectors. The Chancellor announced that the UK is on track to build 300,000 new homes per year, and that he wanted to connect those who are living outside of city centres with new transport initiatives.

If you want the breakdown of all the Autumn Budget 2017 figures, here you can discover what public sector pipelines of work await your industry sector.

Technology

  • Philip Hammond said that there is a “new tech business in Britain founded every hour”; he wants that to change to “every half hour”.
  • The Government plans to invest over £500m in a range of initiatives from artificial intelligence to 5G and full fibre broadband.
  • The Government wants to invest in driverless vehicles, with fully self-driving cars to be on UK roads by 2021.
  • A new £400m charging infrastructure fund will be introduced. The Government will invest an extra £100m in the Plug-In-Car Grant, and £40m in charging R&D.

Transport

  • £30m to trial new solutions on the Trans Pennine route to improve mobile and digital connectivity on trains.
  • The Government will fund the replacement of the 40-year-old rolling stock on the Tyne and Wear Metro.

Regional Government

  • The Chancellor announced spending power increases for the Scottish and Welsh Governments and the Northern Ireland Executive.
  • £2bn more for the Scottish Government.
  • £1.2bn more for the Welsh Government.
  • £660m more for the Northern Ireland Executive.
  • Government in talks to provide Northern Ireland with new city deals.

Local Authorities

  • The Government will invest £38m in the West Midlands, Liverpool and Manchester to help rough sleepers.
  • More than £1bn of lending will be made available to councils to fund high-investment projects.
  • The Government will provide Kensington and Chelsea Council with a further £28m for mental health services, regeneration support for the surrounding areas and a new community space for Grenfell United.
  • The Chancellor urged local councils that require funding for fire safety (housing) to reach out to the Government.

Health

  • An additional £10bn has been assigned to the NHS over the course of this Parliament to support the NHS’s Sustainability and Transformation plans.
  • Additional commitment of resource funding of £2.8bn to the NHS in England.
  • £3.5bn to upgrade NHS building plans to improve care.
  • NHS staff will receive a pay rise.

SMEs & Business

  • Mr Hammond said that “this Conservative Government is listening to small businesses”.
  • He aims to bring forward the planned business rates switch from RPI to CPI by two years.
  • The Government is extending the £1000 discount for pubs with a rateable value of less than £100,000 for one more year to March 2019.
  • The ‘Staircase tax’ will be axed.
  • Businesses to gain £2.3bn thanks to a change in the rules for the uprating of business rates.

VAT

  • The UK has the highest VAT registration threshold in the OECD, at £85,000. This will not be lowered but Mr Hammond will look at reforming it.
  • No reduction in the VAT threshold for SMEs.
  • Scottish Police and Fire will get a VAT refund from April 2018. The Chancellor puts the VAT change down to the influence of Scottish Tory MPs: “I am getting used to having my ear bent by my 13 Scottish Conservative colleagues.”

Housing

  • Over the next five years the Government will commit a total of at least £44bn to capital funding, loans and guarantees to support the housing market.
  • Mr Hammond announced that the UK is on track to reach 300,000 new homes per year.
  • New money for the Home Builders Fund to get SME housebuilders building again.
  • The Government is allocating £1.5bn to help smaller firms build more houses.
  • Housing Infrastructure Fund to increase to £2.7bn.
  • Abolition of stamp duty for all first-time buyers (up to £300,000).
  • Government committed to build up to one million homes in the Oxford-Cambridge-West Mids Corridor.

Autumn Budget Procurement Budget

What does this Budget mean for procurement?

The Chancellor announced that he will extend the National Productivity Investment Fund for a further year and expand it to over £31bn.

What we can take away from this year’s Budget is that the Government is spending money in the following areas:

  • Transport
  • Digital Communications
  • Productivity
  • Housing
  • Infrastructure

This means that now is an excellent time to invest in public procurement. If you would like to find out how you can start to win government tenders, there is more information about this in our Ultimate Guide to Winning Government Contracts.

To find out more about our business and products, visit the BiP Solutions website.