How much are contracting authorities spending w/ SMEs?

How much are contracting authorities spending w/ SMEs?

Posted by James Piggott Picture of James Piggott on Oct 12, 2022 10:30:00 PM

Public authorities across the UK are trying to increase procurement spend with SMEs in an effort to boost social value in their supply chains. But just how successfully is the public sector managing to do so?

Produced in partnership with Tussell, the British Chamber of Commerce's new SME Procurement Tracker found that just one in every five pounds (21%) by government on public sector procurement in 2021 went directly to SMEs.

Tussell's data also found that SMEs are now receiving a relatively smaller amount of direct government procurement spending than they were five years ago.

Want to find out more?

You can access the full findings of the Tracker, for free, here.

 

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