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Many of our public and private sector clients have been asking how the EU referendum vote will impact public sector
procurement.
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The short answer is “not a lot”.
The slightly longer answer is contained in this business analysis Public Procurement After Brexit.
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Written in layman’s terms, Business Analysis: Public Procurement after Brexit examines current UK procurement procedures and
the way in which they are likely or unlikely to change after Brexit.
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The report is written by Principal Procurement Consultant Eddie Regan; a professional who
spends most of his waking hours either studying or instructing on procurement procedures.
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Eddie has helped BiP clients understand countless regulatory changes over the years and in this Business
Analysis, he gives us his expert opinion on the potential impact of Brexit.
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He said:
“If the UK exits the European Union but joins the European Economic Area, there is likely to be little change if any – the
one key difference is we won’t have a voice at the negotiating table for future Directives, but we will probably comply voluntarily, just like Norway, Iceland and Switzerland.”
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With much EU procurement legislation heavily influenced by UK priorities, UK procurement is
unlikely to change dramatically following Brexit.
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BUT nervousness over the economy might encourage UK customers – both consumers & businesses - to
tighten their belts or look for better deals elsewhere.
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Don’t let your fear give your competitors the upper hand!
Brexit hasn’t stopped UK public sector business and it shouldn’t stop yours...
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In the financial year 2014/15, the public sector spent approximately £263 billion on goods, works and
services, making it the largest marketplace for UK suppliers.
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The market is open to suppliers of all sizes, as Treasury figures from 2014/15 showed 27.1% of central government buying was with small businesses,
either directly (10.9%) or through the supply chain (16.2%).
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So how can you prepare?
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To seize these opportunities SMEs must keep abreast of contract notices.
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Supply is the only complete solution in the market that will help you find, bid for, and win
the contracts that will grow your business.
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Supply publishes more non-OJEU contracts than anyone else.
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To discover more about how Supply can boost your business visit:
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