200 firms sign up to Contracts Finder every week to supply public sector
Around 200 new suppliers are signing up to the government’s Contracts Finder portal every week in search of public procurement opportunities, with small firms leading the charge.
According to fresh figures from the Crown Commercial Service (CCS), there are over 22, 000 suppliers now signed up to Contracts Finder a 53 per cent increase from the start of 2017 of which almost two-thirds are small businesses.
Contracts Finder is managed by the CCS, part of the Cabinet Office, and contains details of all public sector contracts worth over 10, 000.
Once signed up to Contracts Finder, business owners can receive automatic email alerts for new opportunities, and can tailor searches to receive news for their relevant specialism.
contracts Finder is a great way for small and medium sized businesses to search for opportunities in central government and the wider public sector, said Caroline Nokes, minister for government resilience and efficiency.
Almost all public sector buyers, including local councils, emergency services, central government, universities and the NHS, are registered on the service.
Read more: What are public procurement contracts and what do they mean for your small business?
we are closer than ever to having a single website where you can find the bulk of public sector tenders, addedian Fishwick, a member of the Cabinet Office SME Panel.
There are some low-value opportunities not listed on Contracts Finder, and some organisations such as schools are not required to use the site.
Praseeda Nair is the editorial director of Business Advice, and its sister publication for growing businesses, Real Business. She's an impassioned advocate for women in leadership, and likes to profile business owners, advisors and experts in the field of entrepreneurship and management.
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