Public Sector: Procurement
The question
To ask the Minister for the Cabinet Office, whether his Department plans to bring forward legislative proposals to set statutory targets for levels of SME participation in public sector procurement.
Answered by Chris Ward
The Government is determined to ensure the £385 billion of public money spent on public procurement annually, delivers economic growth and supports small and medium-sized enterprises (SMEs).
The Government previously announced that all departments would set SME spend targets, and now plans to expand that requirement to the wider public sector - further prioritising and boosting spending with SMEs.
The Government is analysing responses to our recent public consultation on further reforms to public procurement processes. These proposals aim to drive economic growth, support small businesses, and better support innovation. We will publish our conclusions and further actions to improve public procurement in due course.
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