Month: May 2021

The 3 Main Types of Tender Explained

What is a Tender? A tender is a process where the public sector (schools and hospitals) and private sector invite bids for large project projects that require raw materials, products, and services. A tender invites other businesses to bid to fulfil the contract. In this blog, I will explain the 3 main types of tenders …

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MEAT: Most Economically Advantageous Tender

What is MEAT? MEAT was introduced by the European parliament in 2004 as part of the public procurement rules. These are known as the public contract regulations in the UK. MEAT stands for the Most Advantageously Economic Tender. It is what most buyers use during their selection process when deciding on the right supplier for …

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UK Government R&D Grant Funding at the Highest Level in Four Decades

UK Government R&D Grant Funding Totalled £14.9 Billion in 2021/22. Scientists and researchers will get an extra £250 million grant funding this year to support pioneering research and drive the UK’s ambitions to become a science superpower. As a result, UK scientists will have access to more public funding than ever before. This takes total …

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