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20 Mar 2008
RM,
which has just closed its ninth BSF deal, estimates the cost of bidding at a
cool £400,000 and is urging the government to cut the 18-month procurement
cycle.
Mike Greig, group finance director at RM, said the firm would spend £4.1m on BSF
deals this year. RM announced last week that it has reached a contractual close
with Sunderland City Council on a £16m BSF deal.
“Partnerships for Schools, which runs BSF, conducted a review into the BSF
procurement process with a view to reducing the procurement cycle from 85 to 75
weeks. It still needs ministerial endorsement to take effect and we would
welcome that,” Greig said.
Steve Reynolds, managing director of
Civica
Direct, said: “There is no doubt that bidding costs for BSF contracts are
high. One of the reasons for this is that the contracts involve architects and
building companies and so become very complex. But a shorter sales cycle would
be possible.”
Redstone
nets BSF contract
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