Enhancing procurement processes in the construction and facilities management sectors could save the Welsh economy millions of pounds, according to the country’s Finance Minister.
Jane Hutt said the public sector could reduce its spending by £5.7 million by adopting a new approach to procurement. She was speaking at the launch of the National Procurement Service’s (NPS) Construction and Facilities Management Strategy, and added: “As well as helping the public sector save money, we also want to make tendering for Welsh Government contracts more accessible than ever before, particularly for SMEs (small and mediumsized enterprises) and third sector organisations.”
It is hoped that by adopting a more joined-up approach to procurement, the service will ultimately save the Welsh economy £25 million a year.
Initially, the organisation will aim to address six key areas where departments regularly spend money.
NPS director Sue Moffatt concluded that the latest strategy will “play a key role in getting the most of the Welsh pound and the maximum benefit for the Welsh citizen”.