SUPPORT for small businesses across the district will come thanks to a new council-led scheme.
Smaller companies will now be paid within 30 days for playing a critical role as sub-contractors for Wakefield Council, which spends £200 million a year on goods, services and works.
The move follows the Wakefield Branch of the Federation of Small Businesses (FSB) coming to the council for help.
And now new rules have been introduced in Wakefield Council’s terms and conditions for all tenders and quotations.
The council’s continued work with the FSB has led to simplified paperwork for small businesses, while unneeded documentation has been scrapped.
And a clearer Pre-Qualification Questionnaire has been introduced for all tenders valued below the EU threshold. (£173,000)
Coun Graham Stokes said: “The council recognises the importance of working with small businesses for the benefit of the local economy and values its relationship with the local branch of the FSB.”
Janice Haigh, Wakefield Branch Chairman for the FSB, said: “Wakefield Council has been very receptive to our calls on what small businesses need from public sector procurement. The new contract clause will greatly alleviate the cashflow concerns of the sub-contracting businesses.”