Smaller firms who supply the construction and engineering sectors are set for a boost with news that the DCU Business School and the Irish Institute of Purchasing & Materials Management (IIPMM) have won a €1.4m EU contract to help small Irish indigenous suppliers win more business from the public sector, create jobs and boost competitiveness.
The initiative is part of an international EU €3.7m programme which is shared with the University of Bangor, Wales.
It comes under INTERREG, an Ireland Wales Territorial Co-operation Programme which aims to further develop Irish Welsh economic co-operation and employment.
"The Irish public sector market is worth an estimated €9 billion currently but many small indigenous suppliers feel excluded from it because of the complexity and time consuming tendering process," commented Dr Paul Davis, DCU Business School.
"At the same time, public sector procurement needs to be better trained on how to manage tenders from small indigenous suppliers."
Dr Davis pointed out that 98% of companies in the services sector alone are small firms employing less than 50 people but account for over 400,000 jobs. 82% of all industrial enterprises in Ireland are small firms employing between three and 49 people.
"With increasing constraints in public sector budgets it is more important than ever that tax payers get the best value possible for their expenditure. It is difficult to ensure this when in effect a large part of the Irish supplier market is excluded due to lack of tendering expertise on either the supplier or public procurement side," commented Des Crowther, IIPMM.
He added that this is the first time that a programme of this kind has been awarded in the EU and is recognition of the professionalism of Irish procurement training. The IIPMM was the first professional organisation worldwide out of 43 members to offer a degree course in procurement and supply management.
The EU public sector market, which is open to all Irish small indigenous suppliers, is estimated to be worth about €200 billion.
(BMcC)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
15/11/2024
An emergency road closure has been announced following serious structural integrity concerns of the former Antrim Arms Hotel building on Castle Street in Ballycastle. Following genuine fears surrounding the safety of the building's structure, Causeway Coast and Glens Borough Council have ...
15/11/2024
A pre-design public consultation for the Dublin-based College Green - Dame Street Public Realm Project has been launched. The proposal to remodel College Green and Dame Street is a joint initiative by Dublin City Council and the National Transport Authority. The project aims to transform Dublin's ...
15/11/2024
A new plan which aims to fill vacant homes and revitalise derelict buildings has been proposed by Ireland's Green Party. The Dereliction and Building Regeneration Bill put forward by the party aims to establish a single permitting system for fire, accessibility and planning in a one-stop-shop for ...
15/11/2024
Works will begin next week to provide a more reliable water supply in County Kildare, Uisce Éireann has announced. The improvements, which will take place in Allenwood, will also target the reduction of high levels of leakage. GMC Utilities Group are carrying out the works on behalf of Uisce ...
15/11/2024
Essential wastewater improvements being made to the North Street area in Carrickfergus are set to be completed on Friday, November 22, NI Water has announced. Further works will recommence to the area on January 6, after the busy Christmas period. The work is part of a major investment to improve ...
15/11/2024
A forthcoming road closure in Wicklow has been announced by the County Council ahead of essential roadworks which are suspected to last a week. The closure will impact the L-69052 road in Arklow and will take place on the junction of the L2901, Laffin's Lane and The Brook, from Monday, November ...
14/11/2024
A L'Derry park was visited by the Minister of Agriculture, Environment and Rural Affairs yesterday following the completion of extensive works. Manor Park in Moneymore welcomed Minister Andrew Muir MLA, who made the trip to see the result of extensive works which totalled £260,000. The ...
14/11/2024
A Railway Order planning application will be made by Transport Infrastructure Ireland (TII) regarding the major Luas Finglas project. The application will be submitted to An Bord Pleanála on Monday, November 18, while the public can make submissions about the proposed light rail line from November ...
14/11/2024
A new €8.8 million social housing scheme officially launched in County Louth recently. The Ferrard Park development in Drogheda contains 28 new houses which were acquired by Louth County Council from CFS Homes for tenants from the council's social housing waiting list. The houses, which include a ...
14/11/2024
A number of projects across Wicklow aimed at addressing the negative impacts of climate change have received a significant cash boost. Wicklow County Council and The Department of the Environment, Climate and Communications announced an allocation of €675,574.33 to 20 community groups across the ...