Abstracts: February 14th, 2007

This publication from HM Treasury sets out the public service procurement strategy to match the growing challenges of global competition, changing demographics and increasing pressures on the environment. The public sector spends 125 billion pounds annually on procuring a wide range of goods and services, from every day items such as pens and paper, to major construction such as schools and hospitals.’The document sets out the scale, complexity and diversity of public procurement. It offers a clear mandate and challenge to ensure that procurement drives the delivery of public services in a way that matches the high expectations of the public.

The strategy includes innovative procurement methods and improving the public sector’s capability and skills. Measures include making greater use of the Government’s collective buying power and market engagement in collaborative approaches, as well as e-auctions to reduce transaction costs

The document is available at: http://www.hm-treasury.gov.uk/media/4EA/89/government_procurement_pu147.pdf