Free UK FM Market Summary Report
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A Comprehensive Overview of the Public Sector FM Market for 2024
The public sector FM market for the year 2024 is expected to be most active with several contracts
expiring.
The estimated total contract value of all the contracts expiring in 2024 is ~ £7.4 Billion.
The largest contracts include the CCS Frameworks Call of Contract worth £5 Billion. Staffordshire County
Council Hard FM contract, and Hard FM contract from East of England NHS Collaborative Hub worth
£500 million.
The Month of July will offer the maximum in terms of value with £625 million worth of
contracts while March be the next active month with higher number of contracts coming up for renewal. The overall
forecast for the year appears optimistic, as numerous public sector organizations are actively seeking
facilities management services for their premises.
Suppliers to the public sector, both major entities and specialised service providers, will face challenges in retaining their contracts, creating an opportunity for competitors to secure new
business.
The CCS FM Contracts includes security, cleaning, catering and data centre
services. The contract is expected to expire in 2024, and the tendering process for the new contract
is expected to be competitive. The Staffordshire County Council contract is for Planned Maintenance
and Minor Works, and it is also expected to expire in 2024.
Remember,
OJEU Trackers like Tussell, Contract Advance do miss public sector tender opportunities.
£1.24 Billion worth of FM opportunities was missed in 2023
1764 “Projects” tenders were not in FM CPV codes
741 Non FM Tenders were tagged in FM codes
Issue Overview:
- OJEU Trackers and CPV codes are tools used to track public procurement tenders in the European Union.
- They aim to provide transparency and ensure fair competition for public contracts.
Current Situation:
- Despite their intended purpose, these trackers and codes have shown inefficiencies, leading to missed tender opportunities.
- Over the past year, this issue has exacerbated, resulting in a cost increase of 12%.
Impact on Businesses:
- Missed opportunities translate to potential lost revenues for businesses.
- Inefficiencies undermine the very purpose of these tools and the buyers who add these inputs, which is to ensure transparency and fair access to public contracts.
Recommendations for Leaders:
- Re-evaluate the current OJEU tracking system, CPV coding and key words
- Consider investment in FM Specific AI-based platforms that can more efficiently capture and report tender opportunities.
- Key Takeaway for Leaders: The growing inefficiencies in OJEU Trackers and CPV codes are impacting businesses’ ability to capitalise on public procurement opportunities. Addressing this challenge can lead to increased revenue potential and ensure fair access to public contracts.
In conclusion, the public sector FM market for the year 2024 is expected to be active, with various public sector organisations seeking FM services for their facilities. The general outlook for the year seems positive, with several contracts expiring and new contracts expected to be awarded. The public sector FM market is expected to be
competitive, with several FM service providers vying for contracts.
Gain the edge in the UK Facility Management industry with our concise market report. Arm yourself
with cutting-edge market insights and data-driven forecasts.
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