Have you thought about working with the UK public sector? There has never been a better time for Irish small or micro businesses to explore the UK public sector.
Read why we think you should work with the UK public sector.
The government encourages quick payment
The UK government works hard to encourage more SMEs to work and bid in the public sector. One of the main requirements put in place by the government is that all public sector supply chains need to be paid within 30 days of submitting an invoice.
This ensures that SMEs are being paid promptly for work done – resulting in a healthy cash flow.
By 2020, £1 in every £3 will be spent with small businesses
The UK government is working towards a target that £1 in every £3 government spend will be with small businesses by 2020. This target includes the Crown Commercial Service and each government department, and includes both spend through the supply chain and direct procurement spend.
Progress is already being made in some industry sectors as £1.39 in every £3 spent through the government’s Digital Marketplace is going to small and medium-sized enterprises. This has given the UK’s technology SME sector a major boost.
Huge opportunities for Irish suppliers
Last year’s ‘Exporting to the UK?’ report by Enterprise Ireland reveals seven key areas of opportunity for Irish companies looking to do business with the UK public sector.
- National Infrastructure Delivery Plan
- Northern Powerhouse Agenda
- Scottish Government Investment Plan
- NHS Five Year Forward View
- Water Market
- Financial Services/Fintech
These seven areas offer opportunities for businesses of all sizes, whether as direct contractors or as part of the supply chain.
Work with the UK public sector
Are you ready to branch out and explore the procurement possibilities available with the UK public sector? Each year the UK public sector spends £242 billion. If you would like to get started and find tender opportunities in the UK, start by subscribing to Supply2Gov’s “Touching the Sky” package. Users never miss relevant public sector contracts in the UK and they gain access to private sector opportunities as well – an excellent way to get a foothold in the UK market.