- Focus
- Posts
- £1.2B in a Day: What’s Driving Public Sector Spending?
£1.2B in a Day: What’s Driving Public Sector Spending?
Shaping opportunities through sustainability and SME-friendly contracts.
Hey there👋
Supply chains that ignore innovation are destined to fall behind. The NDA’s latest report makes it clear: digital transformation, sustainability, and local partnerships are no longer optional—they’re the blueprint for success.
💡 Here’s what’s inside today’s newsletter:
£1.2B spent in a day—what industries are leading?
The Nottinghamshire health tender every SME should know about.
How supplier diversity is driving innovation across sectors.
🎧 No time to read? I get it—life’s busy. That’s why I’ve added an audio version of the newsletter just for you. Click play, and let me keep you updated while you tackle your day!
DAILY SPEND WATCH
🤔 Did you know 200 contracts worth £1.2B were awarded on Dec 3rd alone? Let's break down the numbers from one day of government spending.
💡 Top Industries: Works/Construction leads at £437M, followed by Products at £423M, and Services at £401M.
📊 Interesting Mix: Healthcare organizations and educational institutions are major players, showing significant investment in public services.
💼 Good news for small businesses - 40% of contracts are SME-friendly.
🌱 Trending focus: Digital transformation, sustainability projects, and social care services.
OPPORTUNITY PICKS
Opportunity Overview:
Contract Value: £46.4M
Duration: 3 years (with a 2-year extension option)
Key Services: Health visiting, school nursing, child health reviews, and family interventions
Location: East Midlands, UK
Closing Date: 20 December 2024, 12 pm
💡 One Strategy That Could Set You Apart
Ensure Compliance: Double-check your CQC registration status and confirm your experience aligns with the contract’s scope. Nottinghamshire County Council has stringent requirements for CQC registration and relevant service delivery experience. Failure to meet these criteria could disqualify your bid, so prioritize verifying all compliance aspects before submission.
NEWS
Female Founder Finance and UKEF join forces to empower women-owned businesses with export finance support, paving the way for international success.
Why It Matters:
£570M in UKEF financing supported small businesses last year.
Female Founder Finance has unlocked £115M for women entrepreneurs since 2023.
Closing the gender investment gap could add £250B to the UK economy.
The Welsh Secretary kickstarts an ambitious growth strategy with the new Welsh Economic Growth Advisory Group, uniting government, industry, and education leaders to:
Shape the UK’s industrial strategy.
Drive clean energy innovation.
Boost jobs and prosperity in Wales.
🔗Takeaway: Businesses in Wales should identify opportunities in clean energy and tech sectors to align with emerging growth initiatives.
Sellafield’s Programme and Project Partners were ranked 43rd in the Top 100 Inclusive UK Employers, highlighting their commitment to diversity.
Key Achievements:
Ranked 43rd in the Top 100 Inclusive UK Employers
First in the nuclear industry to earn diversity accreditation
Won the Diversity and Inclusion Award from the Government’s Infrastructure and Projects Authority
🔗 Learn More: Explore Sellafield's diversity initiatives.
TECHNOLOGY
🎯 Toivo: Restaurant bookings & beyond, automated by AI
📝 Hypelist: AI-powered lists that curate your passions
🧘♂️ Zencoder: Mindful AI that codes with you
TIP OF THE DAY
🔍 Want to enhance supplier diversity?
Outreach Programs: Actively seek out diverse suppliers through targeted outreach initiatives—diversity drives innovation!
Simplify Application Processes: Make it easier for small businesses to apply for contracts; inclusivity matters!
Set Diversity Goals: Establish clear targets for supplier diversity—it keeps everyone accountable!
Quick Question!
We’d love to know how today’s Focus resonated with you! Your feedback helps us make each issue even better. 😊
Did this newsletter spark some ideas? Let your friends in on the latest public sector updates.
Until next time!
Reply