Today, the British government has been accused of “wasting billions of pounds on procurement” according to leading think-tank, Reform, because it doesn’t know how much it spends on private sector suppliers.
The FT has run a piece detailing the findings which says that although 17 government departments spend millions of pounds buying services and goods from private companies each year, they have no “robust data” to support the spend. Suppliers detailed in the report range from £40bn to £60bn per year.
They also found that civil servants’ attention was focused on the procurement process rather than focusing on monitoring suppliers or spending sufficient time drawing up good contracts.
Read the FT piece in full here: http://www.ft.com/cms/s/0/6f137256-e20e-11e5-9217-6ae3733a2cd1.html#axzz42Buihjmu