Source · Select Committees · Business and Trade Committee
Recommendation 4
4
Set a 30% direct spend target for government procurement with SMEs by 2028.
Recommendation
The Government should set a 30% target for total direct spend with SMEs, to be achieved by 2028. Each department should set out its contribution towards this target, and the Department for Business and Trade should monitor departmental performance. This should be reported to Parliament annually, with departments setting out what steps they are taking to improve performance when targets are not met. These targets should include all public bodies within the department’s remit. (Recommendation, Paragraph 29)