In May 2018, the monthly volume of tenders published hit its highest level since the start of Tussell's data coverage in 2012.
In fact, the monthly volume of tenders has risen slightly since the Brexit referendum. This indicates that it's "business as usual" for public procurement in spite of the wider economic uncertainty.
2,359 tenders were published in May with a total value of £25B. This was an 18% increase in the volume of tenders over May 2017 and an increase of 15% over the average for the last six months.
Tender Volume and Value
Local Government buyers published 1,036 tenders in May, over three times as many as Central Government buyers. However, the Ministry of Defence published 45 tenders - the highest volume of any buyer this month.
Tender Volume By Buyer Type
Based on tender volume, Construction has been the biggest sector for every month in 2018. 686 Construction tenders were published in May.
Tender Volume By Sector
Two high value tenders relating to energy were published this month. Notting Hill Housing Trust published a £1.2B tender for a dynamic purchasing system for the supply of water, gas and electricity.
Transport for London published a £1B tender for an "Energy for Londoners" framework to deliver one of Sadiq Khan’s key election promises, providing gas and electricity directly to households in London under the ‘Energy for Londoners’ brand.
Top 5 Tenders
Contracting Authority | Contract Title | Type | Bid Deadline | FW | Tender Value |
---|---|---|---|---|---|
Bridgend County Borough Council | Provision of a Care Home Service along with a Lease Agreement | Tender | 01/06/2018 | N | £2.5B |
Birmingham City Council | Procurement of a Framework Agreement for Construction Works | PIN | Y | £2.0B | |
Northern Ireland Water | IF104 Integrated Partnerships Framework | Tender | 20/06/2018 | Y | £1.7B |
Efficiency East Midlands Ltd | DPS Modular Homes - Manufacture and Installation | Tender | 31/05/2023 | Y | £1.5B |
Notting Hill Housing Trust | Dynamic Purchasing System for Supplies of Water, Gas and Electricity | Tender | 09/05/2022 | Y | £1.2B |
At least 3,116 awards worth £1.6B relating to services are due to expire between July and December 2018. The IT & Telecoms sector has the highest value of expiring awards accounting for 31% of the total value.