Friday, March 29, 2024
BusinessTendering of public sector contracts on the increase

Tendering of public sector contracts on the increase

Public sector contracts being tendered to private businesses doubled during Christmas 2014, and these businesses are expecting to see more of the same this time round.

Many smaller businesses will have the chance to boost their revenue for the year on the back of these contracts to help local authorities with their preparations.

According to Aberdeen based e-tendering sevice Millstream Associates, Christmas related tender notices are already up by 28%, with room for more growth.

Millstream managing director Tim Williams said:

Although as consumers we are preparing for this Christmas, any business looking to supply the public sector with Christmas related services and products need be aware that 2015 public sector spend is over. Fear not, as tender notices for such contracts for Christmas 2016, 17, 18 and beyond are set to go live in the coming months.

Public sector tenders for this time of year can be very lucrative to businesses large and small, particularly smaller scale local suppliers where the majority of Christmas related contracts are targeted with a worth of £5,000 – £50,000. Whilst the larger scale events and productions are estimated between £100,000 – £500,000.”

800px-Edinburgh_Christmas_Markets
Edinburgh Christmas Market

Tenders across various councils include running Christmas markets and setting up lights and decorations. One of the highest grossing is running Pantomines for councils, as they are often fronted by famous faces and celebrities and can draw in large crowds over the entire festive season.

Christmas is a very important time for all buisnesses, regardless of their size. For most it is the busiest time of the year and they will be looking for every opportunity to get the most cash out of the season while they can.

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