Using a framework can save significant time and money, while still delivering a service specified to local requirements, and supporting local decision making and accountability.
Benefits for LGPS Funds:
- Fast, efficient, easy to use OJEU compliant procurement frameworks that remove the need to undertake costly and time-consuming full OJEU procurement processes.
- Significant reduction in procurement timescale from six to nine months to as little as four to six weeks.
- Reduced procurement costs – slashed by up to 90%.
- Flexibility in the planning and running of tender processes via mini-competition.
- Robust frameworks resulting from thorough professional due diligence.
- More money spent through the framework = better prices for Funds using it.
- Pre-agreed terms and conditions – Funds simply ‘call off’ the framework to meet their requirements.
- Ceiling prices that can be further reduced by competition at call off.
- Detailed and easy to use guides, support and templates.
- Additional benefits, for example allowing user groups to optimise the LGPS buying power.
Benefits for providers:
- Faster Procurement process = new business known quicker!
- Greater flexibility to fit procurement processes into business requirements.
- Large volumes of work can go through frameworks.
- Agreed Terms and Conditions.
- Standard tender documentation.
- Potential for more business - access to the whole of the LGPS!
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