Opportuni, which makes its cash by giving SMEs fair and equal access to information regarding government contract awards has snapped up Bidstats.
For those not in the know, Bidstats bills itself as the largest and most comprehensive source of contract award data in the UK, with nine years’ archive in its database.
This historic database allows for detailed analysis of contract award data, along with the ability to track contract awards. Practically it means that those who subscribe to Opportuni will get access to this database to allow for more effective planning of bidding activity.
Opportuni said this source of government contract data will accelerate its mission to redirect £225 billion worth of government spend to SMEs, while at the same time introducing a culture of transparency and accountability that is not always evident in public procurement.
Opportuni CEO Tim Ward said: “The acquisition of Bidstats is a vital part of our mission to level the public procurement playing field and support even more great small and medium-sized businesses to identify and win government contracts.
“Our global mission is to redirect over £225 Billion worth of government contracts to great local businesses. These are the ones who should be fixing the school roofs, laying the roads, cleaning our hospitals, providing IT support to the NHS, and so much more.”