The Cabinet Office has launched Solutions Exchange, a new pilot service to try and bring together suppliers and Government buyers. This should give smaller businesses a chance to sell to public sector buyers before formal procurement starts (eg before they go to tender).
Government buyers can invite the market to respond informally to various “Challenges” based on forthcoming contract opportunities; the aim being to help improve efficiency.
Solutions Exchange also enables suppliers to submit their own innovative, cost-saving proposals direct to Government via “Themes”.
Cabinet Office minister Francis Maude said: “Solutions Exchange offers an easy, informal way for smaller firms to find out about emerging opportunities and pitch ideas.”
It will be really interesting to see how this works out – any opportunity to talk to buyers before formal tendering is good. If you have any comments on this initiative or any feedback on using Solutions Exchange please do leave a comment below.