Digital ProcurementDigital marketplace deals worth over £1bn

Digital marketplace deals worth over £1bn

Deals made via the Government’s digital marketplace have surpassed the £1bn mark, it has been revealed.

Deals made via the Government’s digital marketplace have surpassed the £1bn mark, it has been revealed.

Speaking at the Sprint 16 conference, cabinet office minister Matthew Hancock and Liam Maxwell, the Government’s chief technology officer, confirmed that the milestone had been reached, adding that over 50 per cent of the business – £521m worth of deals – had gone to SMEs.

The Cabinet Office had set a target of 25 per cent of Government spending to go to small and medium-sized firms by 2015.

 

Upgrades planned

Launched in November 2014, the single website now boasts over 2,400 suppliers, 90 per cent of which are small and medium size enterprises.

At the conference it was announced that further upgrades will be made to the site, including scaling it up to provide more services.

Related Articles

PAC slams government procurement processes

Digital Procurement PAC slams government procurement processes

3w Austin Clark
G-Cloud 10 opens for business

Digital Procurement G-Cloud 10 opens for business

1m Austin Clark
Redcar and Cleveland signs deal to transform revenues and benefits services

Digital Customer Service Redcar and Cleveland signs deal to transform revenues and benefits services

3m Austin Clark
New framework agreement for Yorkshire and Humber

Digital Procurement New framework agreement for Yorkshire and Humber

3m Austin Clark
Continuing austerity ahead as Government grapples with £300bn public spending gap

Data Insight Continuing austerity ahead as Government grapples with £300bn public spending gap

4m Austin Clark
Capita announces £513m annual loss

Digital Procurement Capita announces £513m annual loss

4m Austin Clark
Q&A: Managing shadow IT

Data Insight Q&A: Managing shadow IT

4m Austin Clark
Government ‘must play central role in AI development’

Digital Procurement Government ‘must play central role in AI development’

4m Austin Clark