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<p>The driving principle behind public procurement policy is to award contracts on the basis of value for money, which means the optimum combination of cost and quality over the lifetime of the project. Public sector contracting authorities are required to purchase products and services through competitive tender in accordance with public procurement legislation, and are responsible for their own commercial decisions, including the award of contracts.</p><p><strong> </strong></p><p>The Government wants UK businesses to be successful in bidding for UK public contracts. That is why we introduced the Procurement Bill, currently being considered by Parliament. This Bill will reform public procurement and make it simpler, quicker and cheaper for suppliers, including British SMEs and social enterprises, to bid for public sector contracts - lowering barriers to entry to the market.</p><p><strong> </strong></p><p>We also want UK businesses to be successful in competing for public contracts in other countries around the world, which we achieve by negotiating guaranteed market access for UK suppliers in many international free trade agreements. Our membership of the World Trade Organisation's Government Procurement Agreement (GPA) gives British businesses access to £1.3 trillion in public procurement opportunities overseas, including opportunities in some of the world's major economies.</p><p><strong><p><p><br></strong></p><p> </p><p> </p> |