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Written question asked by Michael Dugher (Labour) on Tuesday, 24 April 2012, in the House of Commons. It was due for an answer on Thursday, 26 April 2012. It was answered by Chloe Smith (Conservative) on Tuesday, 1 May 2012 on behalf of the Treasury.

Procurement

Question
To ask the Chancellor of the Exchequer what his Department's procurement spend with small and medium-sized enterprises was in (a) the fourth quarter of 2010-11, (b) the first quarter of 2011-12 and (c) the second quarter of 2011-12.
Answer

The Treasury is committed to increase the level of engagement with SMEs and remove obstacles that can make Government procurement challenging for smaller businesses.European Commission Recommendation 2003/361/EC (6 May 2003) defines a small and medium sized enterprise (SME) as a company with a headcount of less than 250 full-time equivalents and either an annual turnover of no more than €50 million (£41.6 million) or a balance sheet that does not exceed €43 million (£35.8 million).Consistent with that definition, the direct procurement spend with organisations classified by HM Treasury as small and medium-sized enterprises is shown in the following table. The figures are taken from HM Treasury's financial system. They are on a cash rather than accruals basis and exclude VAT.

Period £ (excluding VAT)
January to March 2011 884,000
April to June 2011 966,000
July to September 2011 377,000

Secondary information

Type
Written question
Reference
105874; 543 c1442W
Session
2010-12
Subjects
Procurement
Link
View this Written question on www.publications.parliament.uk