Government to prioritise job creation in awarding public contracts under new rules
Summary
The government will change how it chooses companies for public contracts by making job creation a bigger factor. Firms bidding for contracts worth £5 million or more must show they create local jobs, train people, and help young workers gain experience.Key Facts
- The government spends £90 billion a year on public contracts.
- Companies must prove they support local job growth to win contracts.
- The importance of social benefits in contract decisions will double from 10% to 20%.
- The new focus will be on creating jobs that pay above minimum wage and offer training.
- Offering 45-day work experience placements for young people will earn extra points.
- Over one million young people aged 16 to 24 are currently not working or in school.
- The rules apply to both British and international companies bidding for contracts.
- Some environmental groups express concern that job creation should not reduce focus on environmental goals.
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