International Public Procurement & Tenderingby Helena Deane on 07/06/11
Ireland Concentrates only on 5-6% of the EC Funded Programme under FP7 framework and is instead concentrating on tendering in the declining domestic market
Denmark wins 10 times more contracts in the external markets of the International Financial Institutions (IFIs) compared to Ireland
In contrast, 18% of Irish tenders are won by foreign firms, as many European companies are able to submit tenders in English - compare this to only 4% of publc tenders being won by foreign firms in Denmark, France, and even UK
Opportunities in public sector can be tracked in over 200 countries and they are worth over 800 billion USD/p.a.
There are 5000 new tenders each day - equaling to 1.5 million tenders p.a.
On average, on any given day, there are 200 000 live opportunities available
As a comparison, there are 114 opportunities available in Ireland compared to 1200+ in Poland, 2300+ in France and 757 in Romania
EC contributes a lion share of opportunities by way of funds under the 2007-2013 Programme valued at 975 billion Euro, in addition to the Community Programmes and Structural/Cohesion Funding of further 347 billion Euro
There are many advantages to getting engaged in public procurement: secure payment, up to 60% is paid in advance, IFI work is 'recession proof', and english language is an advantage!