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What is procurement?

What is procurement?


Procurement is the full range of activities related to purchasing goods, services and works. All City of London services involve procurement. Procurement can range from contracting for an entire service to purchasing small assets such as office equipment. The procurement process does not end at the commissioning or contract award stage, but spans the entire life cycle of the product or service from inception and design through to contract management and disposal of any redundant assets.

Effective procurement supports the City of London’s aims and objectives, helping the City of London to deliver high quality services which meet the current and future needs of local people and are based on value for money.

The City of London has produced a procurement strategy which details how procurement will achieve the above aims. A copy of the Corporate Procurement Strategy will shortly be available to download here.

Working in partnership

The City of London has participated in collaborative procurement for a number of years, and is an active member of the following procurement bodies:

The London Contracts and Supplies Group (LCSG) has been in existence since 1976, and was establish in recognition of the need for a greater degree of co-ordination and joint action in purchasing and supply matters in Greater London. The LCSG awards contract for commonly used supplies and services, and spreads good practice.

The City of London is also a member of the London Central Partnership (LCP) Procurement Group. The LCP is a collaborative venture by the Corporation of London, the London Boroughs of Islington and Camden and the Royal Borough of Kensington and Chelsea (RBKC).

For further information on the LCSG or the LCP members please click on one of the following logos or links below:

LGCS logo

London Contracts and Suppliers Group

Islington logo

Islington

Camden logo

Camden

Royal Borough of Kensington and Chelsea logo

The Royal Borough of Kensington and Chelsea


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