Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, what steps the Government is taking to remove disproportionate financial turnover requirements in tendered Government contracts for SMEs.
Under the Public Contracts Regulations 2015, Contracting Authorities are only allowed to require suppliers to have a turn over that is twice the value of the contract they are applying for.
If a supplier is asked for a disproportionate turnover requirements they can report this to our Mystery Shopper Service, who will investigate on their behalf.