Three in five Scottish public sector contracts go to Scottish SMEs
15th Jun 2018
An annual report produced by Public Contracts Scotland has revealed that of the 22,737 contracts awarded in 2017/18, 13,585 of these were given to companies with less than 250 employees and registered to a Scottish address. This equates to 59.7% of the total, with a further 18.5% going to SMEs from outside the country.
When measured by revenue, SMEs are responsible for almost half of all spending. Smaller firms based in Scotland accounted for about 32% of the £11.6bn spent during the 2016/17 year.
Scottish first minister Nicola Sturgeon said: “The implementation of the Procurement Reform Scotland Act two years ago required public sector organisations to take action to make sure their procurement practices were open to SMEs. And the steps we have implemented are having a positive impact, as demonstrated by the welcome increase in public sector contracts being awarded to small businesses.”
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I found this to be a really useful day. Hearing from some of the groups/partners in addressing attainment helps to 'legitimize' them and allows me to be confident in their credibility. I would like to thank the organisers for offering complimentary places to students. This conference has been and will be very valuable tome and I would not have been able to attend without that generosity. Keeping abreast of the current thinking is so important in a difficult area like education.