Track Works

 

Tussell’s latest insights, mined from the market’s go-to database of government contracts with history back to 2012, reveal increasing activity in UK public procurement. £24B of new tender opportunities were published in June.

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Opportunities in public procurement continue to grow

2,300 tenders were published in June - up 11% on the same month last year. Despite wider economic uncertainty, the number of opportunities to win government contracts is growing.

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Overview

Local Govt responsible for half of all tenders

Local Government buyers published 1,000 tenders in June, nearly three times as many as Central Government.  If you’re looking for a high volume of new bidding opportunities, this is where the action is.

Construction the top sector for new opportunities

Nearly a quarter of all tenders in June related to Construction. In every month of 2018 so far, more Construction tenders have been published than any other sector. Are you winning your share of it?

Sector Volume
Top 5 Opportunities in June 2018
Contracting Authority Contract Title Bid Deadline Tender Value
Network Rail Infrastructure Limited IP Track Delivery — Track Works 02/07/2018 £5.0B
Department for International Development International Multi-Disciplinary Programme (IMDP) PIN

£3.0B

Cabinet Office/CCS Vehicle Purchase 16/07/2018 £3.0B
Ministry of Justice Prisoner Escort and Custody Services In England and Wales 19/07/2018 £1.6B
Cabinet Office/CCS Vehicle Lease and Fleet Management PIN £1.4B

 

£8B of contracts expire in next 18 months

Don’t just respond to requests for tender - anticipate them. Build a pipeline of bidding opportunities by filtering 8,300 upcoming contract renewals in the next 18 months and start engaging with potential buyers now. 

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Expiring Awards

Sign up to our free mailing list to download the full PDF of the Tussell Index - June 2018.