15 February 2008 | Jake Kanter
The OGC's contracts database, a website detailing public sector contracts and frameworks, has posted its 250th deal.
The website, launched in 2006, enables public sector buyers to view information about central and local government contracts for free. It provides information such as contract start and end dates, the commodities being purchased and contact details should buyers want to collaborate.
The government agency said public sector procurement teams could save time and money on tendering for goods and services by joining an already existing agreement.
Michael Acheson, deputy director of procurement for the Department for Transport, said the database was "invaluable" because the more departments that joined a contract, the greater the savings that could be achieved, while at the same time reducing procurement expenses.
The latest contract posted was an NHS deal with electricity supplier Scottish and Southern Energy.