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E-MARKETPLACE LAUNCH BRINGS PROCUREMENT EFFICIENCY BENEFITS

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The Eastern Shires Purchasing Organisation and Best Value Procurement Limited have announced the creation of the Mi...
The Eastern Shires Purchasing Organisation and Best Value Procurement Limited have announced the creation of the Midlands and East of England Marketplace.

BVP, a strategic partner of Lloyds TSB Corporate, has been awarded a framework contract to provide e-marketplace services to ESPO members and other customers. These services will be provided under the Midlands and East of England Marketplace, which is aimed at supporting public sector organisations throughout the region.

It is anticipated that the Midlands and East of England Marketplace will be live with its first local authority in the next few months. ESPO itself has already started the process of making its goods and services available on the marketplace.

Ken May, director of ESPO, said: 'Although this award of contract is ostensibly on behalf of our member authorities, which extend over the Midlands and the East of England regions, we hope that it will provide the means by which many more local authorities can take advantage of the efficiency benefits a marketplace provides.'

Ken Kyle, MD of BVP, said: 'We are delighted to have been awarded this contract and look forward to delivering procurement benefits to all members of the Midlands and East of England Marketplace. ESPO, its members, customers and suppliers will add significant weight to the growing critical mass represented by the BVP-Lloyds TSB marketplaces which now stretch from London to Lancashire, ushering in a new era of collaboration and co-operation between the councils themselves and their suppliers.'

Wally Howe, head of e-business services at Lloyds TSB Corporate, said: 'We are pleased to see that councils continue to recognise the intrinsic strength of the BVP-Lloyds TSB partnership and the benefits that it has already delivered in The London and The Roses Marketplaces. This is an excellent start to 2004, which has already shown that it will be a year of growth for BVP-Lloyds TSB.'

Notes

Founded in 2001, BVP, with Lloyds TSB Corpora te, are the leading provider of online e-Procure-to-Pay solutions to councils in England.

Lloyds TSB Corporate is part of the wholesale & international division of the Lloyds TSB Group. Through the corporate website, businesses have access to a range of online banking, business, treasury and marketplace services.

www.bestvalueprocurement.co.uk

www.lloydstsb.com/corporate

ESPO is a local authority purchasing and distribution consortium based in Glenfield, Leicestershire, and is owned by seven member authorities across the Midlands and East of England regions. The ESPO members are Cambridgeshire, Leicestershire, Leicester City, Lincolnshire, Norfolk, Peterborough and Warwickshire

www.espo.org

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