A number of international agreements are called framework agreements: the focus is on establishing a long-term partnership between the supplier, the customer and other stakeholders, which creates the work environment necessary to support continuous improvement. Many bidders invest time and costs in assigning an executive and may not get work through them. That`s why it`s important to first evaluate or discuss with the buyer how much work will probably pass through the frame. If it is a renewal of a framework, you can check how the partnership has been going on over the past four years. As public sector resources decline, the use of a framework can save a lot of time and money, while providing a service tailored to local needs and supporting local decision-making and accountability. . If you purchase over a period of time, a framework can bring many benefits: from the customer`s point of view, a framework is essentially a means of obtaining products and services over a specified period (up to four years) for a number of projects or systems. However, the effects on the local supply chain can be detrimental by excluding local suppliers in favour of large firms with low interest in local businesses. This is a real concern for many of the adjudicator powers and the SME community. We have a specially designed software, Tender Pipeline, which offers all possibilities for public and private framework agreement. You can quickly and easily search and log in to receive relevant notifications that will help you be well prepared in advance.
Executives have been used and tested for more than a decade in the private sector and, more recently, in some local authorities. Numerous case studies have shown that, year after year, the framework offers better value. As mentioned above, framework agreements can take between 2 and 10 years, so it`s important that you stay informed and be aware of future opportunities as soon as possible to ensure that you don`t miss a meaningful opportunity. The reduction in tendering costs also applies to suppliers, as the implementation of the tendering process can be costly and time-depending. Clearly, the main advantage for suppliers to have a framework agreement is the opportunity to obtain valuable business opportunities.