To institution

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