Context
The question arises from a broader context of increasing opportunities and access for small businesses in bidding for government contracts post-Brexit.
Question
What steps the Government are taking to increase opportunities for small businesses to bid for Government contracts. The UK spends £290 billion on public procurement each year, and there is a desire to simplify the process for SMEs after leaving the EU transition period.
Answer from Julia Lopez
The UK spends £290 billion on public procurement each year. Now that we have left the EU transition period we want to make it simpler, quicker and cheaper for small and medium-sized enterprises and social enterprises to bid for Government contracts, as set out in our ambitious procurement Green Paper. We have already introduced a policy that will allow below-threshold contracts to be reserved for smaller UK suppliers, and we hope that our new approach to social value will secure wider public benefit, allowing us to contract with firms that deliver more apprenticeships, local growth opportunities and environmental benefits.
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