News



Consortium Spend Commitment
Smashes the £50m Mark

Members of the national social housing purchasing consortium, Procurement For All, have committed more framework spend in 2015/16 than in any previous year.

In 2014/15 consortium members procured £43m of construction related goods and services. Forecasts from the 22 strong membership indicate a commitment for 2015/16 of £54.7m - thats a staggering 27% year on year increase, with a target cost saving of £6.29m this year.

Since 2010, Procurement For All has experienced a 38% increase in spend commitment from the membership. Covering the whole of the UK, the consortium procures national OJEU compliant framework agreements for use by its nationwide membership. The framework agreements are also available to any social housing provider in the country.

"This is incredibly encouraging to see from our existing membership their commitment to procure through their consortium," explains Keith Armstrong, Managing Director. "Not only are members saving 13% on average, but there are also back office efficiency savings in not having to carry out an OJEU tender process."

Keith goes on to explain the plan for 2015/16: "We have a new very aspirational 5 year Business Plan in place now that will see exponential growth for the Company in the next year. We will be supporting existing members with their procurement needs, but also encoraging the sector to come and join us."

The consortium, known by its members as a 'low cost, high value driven procurement solution' has 22 members, 6 of which are shareholder members. Collectively the consortium procures £54.7m of property investment works and services across the UK. This is set to increase to £65m in 2016/17 and £80m in 2017/18. Members manage nearly 400,000 properties between them. On average, members save 13% by using Procuement For All. 24 apprenticeships have been created via Procurement For All contracts.

T: 0300 555 03 04

E: info@procurementforall.co.uk

W: www.procurementforall.co.uk

T: @Procurement4all