New to public sector procurement and want to learn more? You’ve come to the right place!
Supply2Gov covers the basics and answers one of our most frequently asked questions: “What are public tenders?” below.
The term ‘tender’ is used to cover any contract opportunity. A ‘public tender’ is therefore a tender issued by a public sector organisation.
When a public sector organisation needs to purchase goods, services, works or utilities it MUST publish a competitive tender, allowing multiple companies to bid. Why?
As public sector organisations are spending on behalf of the ‘public purse’, every step of the procurement process must be fair and recorded. Due to the variety of organisations that fall within the public sector, countless tenders are released for the supply of everything from pens and pencils to the latest technologies.
A public sector tender will often be categorised as ‘below OJEU’ or ‘OJEU’:
Tenders that are ‘below OJEU’ are contracts where the estimated value is less than the relevant Official Journal of the European Union (OJEU) threshold. This currently sits at just over £106,000 for most supplies and services contracts from central government. ‘OJEU’ tenders are higher-value procurements whose value sits above the OJEU threshold. Under EU law, they have to be open to bids from throughout the EU. All such contracts from all EU Member States are published centrally by the OJEU.
• Contact details of the buying organisation (Including a named contact)
• The public sector body/bodies who are entitled to use the contract
• Whether the contract is for supplies, works or services
• Description of type of goods/utilities/services/works being procured
• Any additional items required, not covered by the main object category
• The tendering procedure that will be followed
• The criteria that suppliers will have to meet to have a chance of being awarded the contract
• If there is an alternative way of meeting the requirements of the contract notice, that will also be included
• Scope and/or quantity of the tender
• The financial and technical capacity expected of bidders
Stay updated with tenders that are relevant to your business by using a Tender Alert Service. This type of service is great for public procurement beginners as it reduces the amount of time spent looking for opportunities.