Government Contracts: Small Businesses

Part of Cabinet Office – in the House of Commons on 11th February 2021.

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Photo of Julia Lopez Julia Lopez Parliamentary Secretary (Cabinet Office), The Parliamentary Secretary, Cabinet Office

Absolutely. I know that my hon. Friend, as someone who has run a business herself, understands the bureaucratic frustrations that too many of her constituency businesses come up against. We want public buyers to divide contracts into more accessible lots and allow them to reserve contracts under a certain threshold for small, innovative firms. We are also pushing ambitious targets on prompt payment, and we aim to simplify the bidding process so that it does not favour big firms, which inevitably have greater resources to devote to form-filling and box-ticking.