2022 was a politically and economically turbulent year.
How did public procurement fare?
Tussell's latest edition of our annual Year in Review report condenses the key trends in public procurement in 2022 into 12 charts. We found that:
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Public purchasing remains at record-high levels, and market opportunities are plentiful.
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Public sector contracts are becoming more accessible, but the pool of competition is growing.
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Local Government is an expanding market, especially for SMEs.
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Getting onto and utilising the right framework has never been more important.
Our analysis shows that the public sector remains a vast and resilient market against a backdrop of slow economic growth. In 2023, contracting authorities will face growing pressure to deliver vital public services with ever more stretched budgets - so the need for businesses to respond with innovative, cost-effective solutions has never been greater.