To safeguard the public purse, procurers are required to seek value for money through fair and open competition. Through our membership of the European Union and as a signatory to international agreements, our contracting authorities are required to treat suppliers from Europe and various other countries on an equal footing with UK suppliers. This is a two-way street, however, as it gives our suppliers access to public procurement markets overseas.
The Government of course want UK companies, including our small businesses, to be successful in public procurement. To that end, I announced on