(11 months, 1 week ago)
Commons ChamberI thank the hon. Lady for drawing on her expertise in this regard, and for the work that the Select Committee is doing. I am going to provide that dreadful answer: ahead of the Budget, we will be discussing all these matters with the Treasury.
(3 years, 10 months ago)
Commons ChamberThe UK spends £290 billion on public procurement each year. Now that we have left the EU transition period, we aim 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 our new approach to social value will secure wider public benefit by allowing us to contract with firms that deliver more apprenticeships, local growth opportunities and environmental benefits.
I know that my hon. Friend will agree that our small and medium-sized businesses are the bedrock of our economy. I am sure that she will also agree that giving them the opportunity to bid for Government contracts will give them a significant boost and help them recover from what has been a very tough year. Will she lay out exactly how the Government will be promoting this opportunity to SMEs, so that businesses in Basildon and Thurrock can start to bid immediately?
I agree with my hon. Friend that the opportunities in this space are huge, and we think that our reforms will play a huge role in our post-covid recovery. For too long, complex and opaque procurement rules have benefited bigger and less innovative firms. Our reforms will simplify the current framework of over 350 regulations into one uniform set of rules, and move from seven procurement procedures to three. Our free-to-use digital platform, Contracts Finder, should make it easier for businesses in his constituency to find relevant opportunities. We want to make supply registration far simpler, so that data has to be submitted only once to qualify for any public sector procurement.