"Government spent over £236 billion in 2009-10 on buying goods and services. This represents a significant opportunity for public sector organisations to use that money not only to encourage innovative solutions to procurement problems but to achieve better value for money and to stimulate economic growth.
Too often, the public sector falls back on tried and tested solutions and new ideas are stifled by a culture of risk-aversion and overly burdensome procurement processes. We have uncovered a number of barriers to innovative thinking and we call on the Government to use their expertise to resolve them without delay.
We look forward to hearing the Government’s ideas about how they can solve some of these problems and what methods have been put into place to embed innovation as a fundamental component in the procurement process. We will carry out a follow up inquiry in 12-18 months"