Benefits include:
- Cost savings in the medium to long term
- More informed decision-making, by ensuring that all options are considered on an equal basis
- A standardised way of developing and presenting bids for purchases internally and to grant bodies
- A format for informed discussion between departments, whether or not they are normally involved in procurements
- Better compliance with regulations on procurement from the EU and other bodies, and with best procurement practice
- A methodical approach to making the procurement decision that also provides a framework when de-briefing suppliers