Low Value Purchase System
Agreement ID: RM6237
Start date: 23/06/21
End date: 31/12/33
Benefits of using the LVPS include:
- A simple solution for low cost, low volume, low complexity requirements
- A flexible route to market where suppliers are able to join at any time
- Supporting the Government's SME policy
- Contributes to the Social Value outcome of increasing supply chain resilience and capacity by creating a diverse supply chain to deliver contracts including new businesses and entrepreneurs, SMEs and VCSEs
- A dynamic filtering system, giving customers flexibility based on the common goods and services they are looking to purchase, their SME status and on their location
- Dynamic filters ensure that the right suppliers are notified about opportunities relevant to the common goods and services they are able to provide
- Fully compliant with the Public Contracts Regulations 2015
- Aligns with Procurement Policy Note 11/20: Reserving Below Threshold Procurements
- Contract templates provided for ease of use
- Direct award is compliant with the Public Contract Regulations 2015 but customers should ensure compliance with their corporate procurement policy
Registration is free and there is no limit on the number of suppliers who can join this DPS Marketplace.
