public procurement after brexit: bip business analysis - brought to you by tracker
TRANSCRIPT
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 you must keep ahead of public sector contract news, leads
and intelligence.
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Tracker Intelligence offers one of the largest database on public sector contracts,
opportunities and analysis.
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Tracker offers more contracts related to construction and infrastructure projects across the UK than any other provider.
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To discover more about how Tracker Intelligence can boost your business visit
http://www.trackerintelligence.com/
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