The public sector is made up of numerous organisations run by the government, this includes local councils, emergency services, armed forces, and the NHS. Each of these organisations relies on the private sector to supply them with a wide range of goods, works, and services – spending around £300 billion a year with suppliers across all industries.
To ensure there is a competitive marketplace, contracts must be published publicly, making them accessible to any supplier. This means whenever a public body has a procurement need, they have to advertise the contract online using any of the numerous publishing platforms (also known as advertising portals) available to them – details of these can be found at the end of this post.
Tenders published by the public sector in the UK can be advertised on any of the following platforms:
Over 45,000 contracts are published by the public sector each year, meaning a streamlined approach to sourcing opportunities will make your life easier. The following tips will help improve your chances of finding suitable contracts for your business:
The above tips will help you find tenders more efficiently, however there will still be some challenges you should take into consideration when planning your resources:
While these challenges may discourage some businesses from accessing the market, they do create some significant opportunities for businesses choosing to enter the market.
Businesses with the knowledge of how to navigate these portals, and have the resources to do so efficiently, will have a better understanding of the market and access to more opportunities to bid for. For businesses who do not have the resources to constantly monitor the market, there are tender alert services like Tenders Direct.
Tenders Direct is the UK’s leading platform for comprehensive and accurate public sector tender opportunities. We offer a single platform for businesses to access all High and Low-value contracts advertised by the UK government and its agencies.
Stop wasting time and resources searching fragmented platforms. Choose Tenders Direct and unlock the full potential of the UK public sector contract market.