SME “Gold Mine” as £565 Million of Gov’t Tech Contracts Expire

Extracts from an article by Ed Targett, editor of Computer Business Review.

“A massive £565 million-worth of government tech contracts are due to expire this year, according to new research from Tussell, an online database of public tenders and government contracts in the UK.

The opportunity represents a potential “gold mine” for small and medium-sized enterprises (SMEs), the company suggests, amid a growing appetite among government procurement teams for services and solutions from smaller vendors.

The number of SMEs winning government contracts each month increased 11 percent between 2016 and 2017, according to the Tussell team, with SMEs making up 62 percent of the 23,100 suppliers winning government contracts in 2017.”

Read the full article on the Computer Business Review website.

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