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SMEs struggle to access Public Sector Contracts

Small firms are struggling to access public sector contracts, with nearly three–quarters admitting they never or rarely bid for government work, according to the Federation of Small Businesses (FSB). A joint survey of more than 500 SMEs by the FSB, the Confederation of British Industry (CBI), and the British Private Equity and Venture Capital Association (BVCA), found that small firms still face considerable barriers when it comes to winning public sector contracts. The research found that more than three–quarters of SMEs still find it difficult to find out about government opportunities, while more than half feel that the tendering process and timescales require too many resources to respond effectively. The findings come despite Chancellor Alistair Darling’s pledge in t... »