Low-value public sector tenders are great for your business and in this post, we cover what low-value tenders are, their benefits to you, and the challenges you are likely to encounter going after them.
Low-value tenders are notices which fall below UK public procurement thresholds. They have fewer restrictions than high-value (above threshold) tenders, and it is this lack of ‘red tape’ that makes them perfect for SMEs and companies who have limited to no experience working with the public sector.
Low-value tenders should be published on Contracts Finder, but the rules are much more relaxed than those for high-value opportunities, and this requirement is not enforced. Because of this, there are over 900 different portals buyers can use to publish their notices.
Many portals come with many issues:
While this does sound messy, the title of this article is an honest one. Low-value tenders are great for your business, but if you want full access to the market, and to ensure you never miss an opportunity, you’ll need some help.
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