NEPO and Bloom unveil third iteration of multi-billion-pound procurement solution
Left to right – Michael Murray (NEPO), Paul Mander (Bloom), Steven Sinclair (NEPO), Claire Maith (Bloom) and Adam Smith (NEPO).
Available to the UK public sector, NEPRO³ builds on successes of its previous iterations as the only solution of its kind within the UK public sector marketplace. Specialising in bringing together buyers and suppliers, NEPRO³ will open up procurement opportunities for public sector buyers and is expected to deliver savings between 11% and 19% against budget.
To date, NEPRO has successfully delivered 4,500 projects ranging from small value to multi-million-pound projects across public sector industries including local authorities, hospitals, emergency services and education bodies.
The NEPRO solution also opens up procurement to SME suppliers, with 70 percent of NEPRO projects so far being delivered by SMEs to drive significant growth back into local economies and remove any barriers previously faced.
Steven Sinclair, Procurement & Commercial Director at NEPO, said: “NEPO is committed to driving social value through NEPRO³, and opening up opportunities to SME suppliers is integral to this. We are excited about the next stage in the delivery of the NEPRO solution.
“There’s continued growth in the number of public sector buyers transforming how they procure specialist professional services through this ground-breaking neutral vendor model.
We look forward to continuing to work with the talented team at Bloom to make sure the opportunity for delivering increased value and better outcomes is realised across the wider public sector under NEPRO³.”
Launched in 2012, NEPRO was set up by NEPO as a vendor-managed service solution to help public sector buyers manage professional services spend, whilst achieving better outcomes and improving value for money. The service is free to sign up to and has been popular so far due to its easily accessible, user-friendly interface.
Bloom, the exclusive operator of NEPRO since its inception, have been contracted to deliver the multi-billion-pound solution up to 2027. Public sector buyers can benefit from access to over 6,500 Bloom registered suppliers, whilst suppliers benefit from opportunities from over 330 public sector organisations.
Adam Jacobs, Executive Chairman at Bloom, commented: “We are delighted to have secured the NEPRO³ contract up to 2027. In doing so I must pay tribute to all my colleagues who are as passionate and committed as I am about opening up public sector procurement to give the best choice for buyers and more business opportunities for suppliers.
“We are living and working in unprecedented times that require a focus on innovative outcomes. Spending cuts, the uncertainty of Brexit and the ongoing pressure on our public services makes it a challenging time for procurement teams. Yet, there is still a huge opportunity to provide the public sector with a dynamic supply chain of professional service suppliers that can deliver the outcomes, control and value that the public expect. NEPRO³ will enable us to drive change in the way the public sector buys professional services.”