Benefits of Procurement Frameworks

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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