Members who are involved in procurement for historic building construction work will be interested to learn that the new provider of Constructionline (which provides verified lists of suppliers which have passed industry checks) has been announced as Capita.
The Department for Business, Innovation and Skills (DBIS) writes:
Capita is the successful bidder in the sale of Constructionline Business Minister Matthew Hancock announced today (28 January 2015).
Through its database of more than 23,000 companies Constructionline cuts out red tape for the construction industry. It provides a verified list of suppliers who have already passed industry checks, saving time and money. This helps speed up building work across the UK.
Capita has purchased the business from the government for £35 million, following an open competitive sales process which launched last summer. Capita’s bid met the Department for Business, Innovation and Skills’ (BIS) objective of ensuring a safe and efficient continuation of service to existing Constructionline customers, whilst achieving the highest price for the business.
Matthew Hancock said: Construction benefits from the quality-assured, time-saving service of Constructionline and this sale aims to cut red tape further by freeing it of government ownership. Capita now has an exciting opportunity to expand its valued services to meet the needs of the construction industry and especially small and medium sized businesses. Commercial ownership will enable the business, which has built up a strong reputation for reducing duplication and tender costs within the sector since its establishment in 1998, to achieve its full potential.
View more information on Constructionline
View the Constructionline news release about the acquisition by Capita
