Manufacturing Industries: Small Businesses
The question
To ask the Minister for the Cabinet Office, what steps he is taking to support British manufacturing SMEs to bid for contracts.
Answered by Chris Ward
The Government is determined to ensure the £400 billion of public money spent on public procurement annually delivers economic growth and supports British businesses, especially SMEs.
The Government’s reforms to the National Procurement Policy Statement (NPPS) requires contracting authorities to consider ways to increase procurement spend with SMEs and Voluntary, Community, and Social Enterprises (VCSEs), like in the manufacturing sector.
We have also introduced changes allowing local councils to reserve over one billion pounds worth of lower value contracts to suppliers based locally or within the UK which has recently become law, a step strongly supported by SMEs.
We will set out further reforms, including the response to the recent public procurement consultation, in due course. These reforms will further support British SMEs, like in manufacturing, to bid for contracts.
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