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Tendering for Government Contracts
What are the benefits to the public sector?
The Government is committed to helping Small and Medium-sized Enterprises (SMEs) because it believes that helping more SMEs to compete gives better value for money for the public sector.
Value for money is defined as 'the optimum combination of whole life costs and quality to meet the user requirement'.
Small firms can offer:
- greater competition;
- lower costs;
- new ideas;
- responsiveness;
- flexibility;
- quality of service;and
- specialisation.
All of this can mean better value for money for the public sector
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