Europe News Newswire Supplier and Contract Management

A report – Buying Into The Future – from tech incubator Public claims that, across hundreds of UK central government IT contracts awarded between 2015 and 2018, some 91.9% of total spend went to large companies. Moreover, the majority of contracts were not marked as being “suitable for SMEs” – reports Public Technology.net. Public co-founders said: “Procurement continues to favour insiders and incumbents … these larger organisations know how to navigate complex processes, execute heavy tenders, and can afford the pitfalls of long and uncertain sales cycles. They often hire people who have worked on the inside. They look and sound like the government officials they are selling to.” Read more here.

0

No comments

You must be logged in to post a comment.