Archive

One Among Thousands – Creating a Dictionary of Public Sector Buyers.

Here are just three among thousands of public sector buyers: YPO, JISC, NOE CPC. Who are they? What do they do? Are they a private organisation or a public organisation? Every month, we get data for tens of thousands of unique buyer names just like these, from around the world. We answer the questions of who they are and what ...

Data Works: Ensuring Quality Through Validation

When is something right? We process over 150,000 records a month. Our database now has more than 150m rows in it. We can't view every record when we enter it. Instead, we validate it. We check that each record has what our users need; a deadline date, a description and a buyer. We also check that our key sources ...
conical form made up of triangular panels

Data Quantity on Contracts Finder: The Long View.

Covid-19 has shown us the importance of transparency in procurement. A transparent process allows suppliers and buyers to clearly identify each other, and set benchmarks on how others are buying and selling. Contracts Finder has made great strides in facilitating this transparency over recent years. The Public Contracts Regulations 2015, an Act of Parliament, established the existence ...
Circuit diagram in the shape of a brain

Data Works: Creating Machine Learning Models For Categorisation

-Ian Makgill, Founder Spend Network We're working hard on a new set of machine learning models for categorisation. It has proven to be really challenging. Developing an accurate categorisation for all our data is our ultimate goal. At the moment, some records have classifications, some do not. Some of the records with classifications aren't correct. We want our users ...
London skyline taken from the foot of the millennium footbridge looking north

Details Matter FT.com

Last week, we had an article featured in the Financial Times. Working with their team is always fantastic. They cut through to the issues and need to know that everything is right. The night before publishing, we were discussing one of the figures "Was it safe to say that Hesse really spent €700m on masks?" Yes, and no. The original notice ...
Beneficial ownership diagram

Why Beneficial Ownership Data Should Interest You.

The Beneficial Ownership Data Standard (BODS) is an open data standard for publishing data on company ownership and control. You can find out more about the standard and the initiative to publish BODS data here. Over 80 countries are already committed to using the standard, so we can expect to see more of this data in the ...
Glass skyscraper with rose and blue lights shining out from the offices.

5 Steps To Tackle Public Procurement Corruption.

Governments have rightly relaxed procurement rules in order to act quickly on Covid-19, but stories already abound on alleged corruption and financial mismanagement. For instance, there are the tests that don't work , the ventilators that never materialised, the PPE that failed to arrive, and the Health Minister who was sacked.  What's telling, is that these were ...
The Vessel building, NYC, shot taken from within the building

Do Governments Want to Trade with Small Business?

Why Covid-19 should change Government's view of contracting with SMEs. -By Ian Makgill, Founder, Spend Network. In April the Government awarded a £108m contract to Crisp Websites Limited, trading as Pestfix (https://www.pestfix.co.uk) a small, family-owned firm in Littlehampton, West Sussex for the supply of PPE. At the time of the award, Pestfix had little or no trading history ...

Public procurement data needs work.

Government data is much like infrastructure, valuable when it is cared for, troublesome when it is left unloved. Government spends nearly £400bn a year with suppliers, but most of this data is only available to the buyers and their suppliers. This is fine for managing individual contracts, but it is no good if you want to manage ...
European council circular table

New OJEU Procurement Thresholds for 2020

The Government has recently updated the procurement thresholds for public sector procurement processes for 2020. We outline what this means for you and your business.   When does this take place? The updated thresholds for public procurement will affect new procurement processes from 1st January 2020 to 31st December 2020   Does Brexit affect this? Yes and no. From 31st January 2020, ...

A free hand or a free market? How competitive is public procurement in Europe? Part two of a three part series

This article is the second part of a three part series on competitive tendering in public procurement in Europe. There is a correlation between competitive tendering in public procurement and value for money as well as broader, positive procurement outcomes (e.g. contract completion on time, in full). As before, data was extracted from Tenders Electronic Daily ...

Social