Every year the Government spends billions of pounds on goods and services. If there isn’t enough revenue from taxes, they have to borrow.
If they borrow, the loan will of course eventually have to be paid back, and that will also have to – in the end – be tax money. It’s important to remember that all Government expenditure is money that has been paid in by ordinary people like you and me.
To make sure our tax money is used in the best possible way Parliament requires all government departments and their related organisations to ensure that they meet the minimum mandatory Government Buying Standards (GBS) and there is guidance to best practice on gov.uk.
All government departments should invite suppliers to tender every time they plan a big purchase. This gives them a chance to compare prices and quality from different bidders and make sure they spend our tax money sensibly.
STANCE NEWS 