ECON 4: Percentage of procurement spent on local small/medium enterprises
Summary definition

This indicator is a measure of the % of procurement spent on local SMEs.

Why do we measure this?

Procurement spend in local government accounts for a significant proportion of total spend. This measure focussing on the proportion of this spend which is targeted at SME’s is an important indicator of the progress councils are making in delivering on their standing commitment to invest in their local economies and create employment.

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