What Does It Mean?
What Does It Mean For Tendering Authorities And Procurement Officers?
- An SME company displaying THE TROC TENDER READY symbol is indicating that it has met the minimum criteria qualifying it to respond to a Public Sector tender
- This means that the tendering body can confidently approach the company and invite them to participate in a procurement exercise.
- Looking for the TROC TENDER READY button will help tendering authorities to meet the Government’s aspiration that ‘25% of public sector contracts should be awarded to SMEs’.
The TROC Tender Ready symbol is a private sector initiative, with no government funding or taxpayers’ money involved.
Companies who have successfully completed and passed a Public Sector PQQ or won a contract within the last TWELVE months should contact email@example.com to get their badge and press pack.
It’s up to the both the Private and Public Sectors, as well as the press and other media organisations, to raise awareness of the TROC Tender Ready symbol: it will help procurement officers to identify ‘Tender Ready’ busineeses and therefore help more SMEs to win Public Sector contracts.