The UK government is set to see annual spending on a procurement portal designed to help save money increase by more than eight times compared to projected plans.
Introducing the Procurement Act 2023, the government said it would streamline the online portal for the public sector to flag upcoming work and suppliers to engage with buyers and bid for jobs.
The UK currently runs two platforms for public procurement: contractsfinder.service.gov.uk, and find-tender.service.gov.uk.
Introducing the plans under the former Conservative government, Jacob Rees-Mogg, then Minister of State for Brexit Opportunities and Government Efficiency, said the government wanted to establish "a single digital platform for supplier registration that ensures businesses only have to submit their data once to qual