UK Infrastructure – Opportunities in Health

 

The latest Tracker report “UK Infrastructure – Opportunities in Health” has revealed that NHS procurement spend is over £27 billion each year, making it one of the highest-spending areas of the public sector.

Created in association with Construction Online, the report is the is the first in a series, which will consider specific infrastructure opportunities within Health, Defence, Education, Central and Local Government.

 

Infrastructure spending in health

The “UK Infrastructure – Opportunities in Health” report states that the outlook for the infrastructure sector overall is good, and reveals that growth in the sector is supported by planning data.

According to the National Infrastructure Pipeline for 2020/21, £5.3 billion has been attributed to social infrastructure, which includes Health, this forms part of the overall NHS procurement spend.

 

COVID 19 – NHS in a pandemic

The report also delves into the medical supplies required during the pandemic.

As the pandemic took hold, the UK Government’s focus shifted to ensure the NHS had everything it needed and it was clear early on that construction workers would play a crucial role in this.

The report states:

“Construction was one of the key sectors called upon to help with the production of equipment and materials in areas ranging from manufacturing equipment and logistical support through to providing expert advice and consultancy services. But, investment in hospital infrastructure doesn’t end once a hospital is built.

In fact, it’s the complete opposite as it will typically create numerous spin-off opportunities for products and services required to support staff, patients, and the overall upkeep and maintenance of the building concerned. Any healthcare supplier wishing to access these opportunities must keep on top of tracking this investment”

 

UK Infrastructure – Opportunities in Health

Download your copy to get exclusive access to health market insights including an overview of health procurement spend, opportunities available for SMEs and hints and tips on how to identify opportunities and engage with prospective buyers early.

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The UK Government tackles modern slavery

 

The UK Government has released new tough measures to tackle modern slavery in supply chains.

The government’s response to the transparency in supply chains consultation sets out new measures to hold businesses and public bodies accountable for tackling modern slavery.

 

What is the Modern Slavery Act?

According to the UK government, the Modern Slavery Act 2015 made Britain the first country in the world to require large businesses to report on how they prevent modern slavery in their operations and supply chains.

Five years later, in March 2020 the UK government published the world’s first Government Modern Slavery Statement, setting out the steps taken to eradicate modern slavery from its supply chains on around £50 billion of its annual spending.

 

New measures to strengthen the Modern Slavery Act

On the 22 September, the government introduced new measures to ensure that large businesses and public bodies tackle modern slavery risks in supply chains.

On the government website, it states that:

“The government is committed to harnessing the spending power of the UK’s public sector, accounting for around £250 billion of spend, to ensure responsible practices in supply chains and bring it in line with businesses…

“Moving forward, public bodies which have a budget of £36 million or more, including local authorities in England and Wales, will be required to regularly report on the steps they have taken to prevent modern slavery in their supply chains.”

Moving forward, the government has committed to mandating the key topics that modern slavery statements must cover (e.g. due diligence to risk assessment), to encourage suppliers to be more transparent about the work they are doing to ensure ethics and social value are part of the procurement process.

Safeguarding Minister Victoria Atkins said:

“Sadly, we know that no sector is immune from the risks of modern slavery, which can be hidden in the supply chains of the everyday goods and services we all buy and use.

We expect businesses and public bodies to be open about their risks, including where they have found instances of exploitation and to demonstrate how they are taking targeted and sustained action to tackle modern slavery.”

 

Tackling modern slavery within the supply chain

It’s important that organisations consider not only their practices, but also their entire supply chain, and how each company within it addresses – or does not address – moral issues such as modern slavery and corruption.

Like social value, these are issues that will increasingly drive buyers’ decisions whether to work with businesses. Ensuring a robust and ethical supply chain also extends to business concerns such as paying suppliers promptly or working with SMEs, who can be crucial to local economies. While these issues may not be as immediately obvious to end-users, they are important to buyers,

Even if a company is ensuring good practice themselves, their supply chain may involve an organisation engaged in unethical working practices. These issues are as relevant to exclusively UK-based supply chains as those that work internationally – for example, the government estimates around 13,000 people are working in slavery-like conditions in the UK.

 

Are you delivering on social value?

For suppliers looking to win more business in the public sector, positioning themselves as able to deliver on social value will help to set them apart from other potential competitors. It’s therefore crucial that suppliers emphasise this element in their responses to tenders to help buyers take notice of them.

In response to the latest guidance on modern slavery, Susan Staley, Head of Digital Marketing, BiP Solutions said:

“We recommended to suppliers that they need to ensure they are set up to deliver on demonstrating social value in their bid responses to remain relevant, stand out, and therefore gain potential competitive advantage.”

You can learn more about social value by registering for our “What is Social Value & is it Deliverable?” webinar.

The webinar which is happening on October 22 2020 at 11 AM will discuss social value and its synonyms, using examples, discussing the challenges and opportunities it provides for suppliers and suggesting practical steps that will help differentiate your bids from your competitors.

Register here

 

How can Tracker help?

Tracker offers access to more tender alerts than any other comparable solution in its respective field. Access to details of previous contracts through features like Spend Analysis and Archive Data can help businesses to understand what buyers are spending, where and who they have done business with before – allowing for a better understanding of what social value elements you can emphasise to fit in with buyer’s requirements or to set yourself apart from other suppliers. Offering unparalleled oversight of the marketplace, these two solutions will give suppliers all the information they need to understand the public contracts landscape in depth – and thus what to emphasise in their tender responses.

Learn more about Tracker.

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UK Infrastructure – Opportunities in Education

 

 

The latest Tracker report “UK Infrastructure – Opportunities in Education” has revealed that the sector is budgeted at £94.3Bn for 2021.

The report which was created in association with Construction Online is part of a series, which will consider specific infrastructure opportunities within Health, Defence, Education, Central and Local Government.

 

Education marketplace

Did you know that education spending is the second-largest element of public service spending in the UK behind Health?

Glenigan’s latest forecast for 2020-22 also shows that Education spending will increase from £3.695M in 2020 to £5.652M in 2021 and increase again to £5.883M in 2022.

 

National Infrastructure Pipeline 2020/2021

The recently published National Infrastructure Pipeline 2020/2021 estimates £5.3Bn of future opportunities in social infrastructure, which includes Education.

Among the published plans, there are plans for nine new builds under the Free School programme in the Northern Powerhouse, seven in the South West, and a further two in the East of England, all under the Free School Programme. A final four new building schemes are also planned in South West London under the Priority School Building Programme.

This is good news for the Education sector given the growing need for more classroom space and new schools, reflecting changing demographics.

 

Early engagement is crucial

With education opportunities sitting in the pipeline, early engagement has never been so important.

The future may now look different to before, but the need for first-rate infrastructure has become even greater. The time is now to get active in this marketplace and stay ahead of your competitors.

The latest Tracker report reveals that a Construction Online survey conducted earlier this year revealed that 60% of participants found it difficult or extremely difficult to find supply chain opportunities.

Given the COVID-19 crisis and, particularly, the impact it has had on SME suppliers, businesses must be equipped with the information, support and intelligence required to engage early and win business, all of which are readily available through Tracker.

Learn more about early engagement.

 

UK Infrastructure – Opportunities in Education

Download your copy to get exclusive access to education market insights including an overview of education procurement spend, opportunities available for SMEs and hints and tips on how to identify opportunities and engage with prospective buyers early.

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Why your organisation should be delivering on social value

 

Social value has become increasingly important for central government, national governments around the world, and the private sector too.

Although social value has been a legal requirement for any procurement exercise since 2012, but it remains an often vaguely understood term.

Despite a Government review in 2015 which recommended that “[the] measurement of social value needs to be developed,” there is still little specific guidance as to what measures organisations need to implement to fulfil this requirement.

That said, this leaves buying organisations with the flexibility to define ‘social value’ in a way that is most fitting to their industry and their way of working.

This blog will help you to discover more about social value and if it is something your business can deliver.

 

So, what is social value?

Social value may mean a commitment to environmental issues in procurement, for example ensuring sustainable or low-carbon practices are prioritised.

But social value can also encompass elements that are ‘closer to home’ for businesses. The fact that companies treat their employees well is a type of ‘social value’ as paying the living wage to all workers, for example, contributes both to employee wellbeing and the local economy.

Social value can also be achieved by supporting the local economy in other ways such as offering apprenticeships or offering opportunities to the long-term unemployed or workers with disabilities or other disadvantages. You can also achieve social value by considering these types of issues when sub-contracting or selecting your supply chain.

Are you delivering on social value?

Social value is only set to become more important, since both the Government and service users are increasingly aware of, and concerned by, issues such as sustainability and workers’ rights.

Businesses that merely pay lip service to social value therefore risk being left behind in a competitive market that is focused on more than just price.

For suppliers looking to win more business in the public sector, positioning themselves as able to deliver on social value will help set them apart from other potential competitors.

That said, there is little consistency in measuring whether, or how, ‘social value’ is delivered. Moreover, despite it being a legal requirement, scrutiny as to whether businesses deliver ‘social value’ in terms of the Social Value Act, and consequences if they do not, are lacking.

However, this could change. At Procurex Wales 2020, Minister for Finance and Trefnydd Rebecca Evans spoke about how the Welsh govt is developing a set of tools to measure social value. These tools will be aligned to the Future Generations Wellbeing Goals and will place a proxy financial value on all community benefit measures. They will be included in all council tenders over £150k. The social value element will account for at least 10% of the tender score.

While the Welsh Government is leading the way on the measurement of social value, it is more than possible that other buyers may develop similar tools as economic pressures drive social value up the agenda.

If you are unsure whether your organisation is delivering on social value or not, Tracker will discuss Social Value during our next webinar, using examples, discussing the challenges and opportunities it provides for suppliers and suggesting practical steps that will help differentiate your bids from those of your competitors.

This webinar will take place on Oct 22, 2020 between 11:00 AM – 12:00 PM.

Register here

 

Get buyers to notice your hard work

It is crucial that suppliers emphasise their efforts in creating social value in their responses to tenders to help buyers take notice of them.

Our range of business intelligence tools can allow you to respond to tenders in the way that will help position you as equipped to deliver multiple types of value.

Tracker is a detailed business intelligence solution that offers access to the largest public sector tenders and awards database in Europe. Details of previous contracts, accessible through features like Spend Analysis and Archive Data, can help businesses understand what buyers are spending where and who they have done business with before – allowing for a better understanding of what social value elements you can emphasise to fit in with buyers’ requirements, or to set yourself apart from other suppliers.

Talking to buyers ahead of tenders being drawn up – early engagement – will also allow you to have a better sense of what buying organisations are looking for and show them how your solution can help. Building buyer-supplier relationships can allow organisations to position themselves as known figures in the marketplace, and even help shape tenders.

Learn more about early engagement and how Tracker can support businesses providing social value by booking a demo with a member of our team.