Small businesses can now find out about local and central government contracts from a new business portal which has been designed to remove the barriers faced by small and medium sized companies seeking contracts in the public sector.The new portal advertises more than 7,000 lower value contracts, usually less than 100,000 pounds. Some 10,000 suppliers have also registered their interest in the portal and this ensures that their expertise is seen by hundreds of public sector procurers. This is the first Government-supported service of its kind in the UK.
All public sector organizations are able to publicise their lower value contracts free of charge. The benefits for businesses are that they are provided with a shop window on the contract market place and they are able to source opportunities free of charge. This gives them a quick route to acquiring new business. They are also offered online guidance to help them to compete for the work.
The portal is managed by the Small Business Service of the DTI and supported by the Office of Government Commerce.
The portal is at: http://www.supply2.gov.uk/