How to do business with the University

Benefits of doing business with us

Loughborough is one of the country’s leading universities, in the top 10 of every national league table. We would be a valuable high-profile client to be referenced when endeavouring to win other contracts across the public and private sector.

We are a strong and stable organisation with a good record for paying its suppliers on time. The percentage of supplier invoices paid within 30 days during 2018-19 was 73.1%, with 86.1% paid within 39 days.

What we buy

As a large multi-disciplined research-intensive University, we spend £100m+ each year on goods and services as diverse as IT software, laboratory supplies, cleaning supplies, research equipment, consultancy services and large-scale construction.

How we buy

We are fair and transparent when buying goods and services. We follow the Public Contracts Regulations, as well as our own Procurement Regulations, to ensure appropriate levels of competition for lower value contracts. Our Procurement Regulations Flowchart shows this is reflected in our processes.

We compete our contracts based on our standard terms and conditions, not only to protect our interests (for example, in relation to data security), but also to ensure bids are evaluated on a consistent basis.

We benefit from efficiencies and economies of scale by being a member of the North Eastern Universities Purchasing Consortium (NEUPC), as well as from our close working relationship with the University of Leicester with whom we have a joint Procurement Strategy.

At the same time, we have a small & medium sized enterprise friendly procurement policy to guard against creating unnecessary barriers for smaller businesses interested in competing for our contracts.

We follow a No Purchase Order, No Pay Policy.

Identifying contract opportunities

We use the Delta e-tendering system for competing our £50k+ contracts. It is free for businesses to register on the system, which includes the facility for them to be notified of any relevant Loughborough contracts that are openly advertised.

Each quarter we publish an up-to-date list of University contracts to allow businesses to see potential contracts coming up for re-tender as well as subcontracting opportunities. The list should include all our £25k+ contracts but whilst every effort is made to ensure that it is up to date, there can be no guarantee that it is totally complete.

Not just about price

We award contracts based upon the best overall bid; considering both price and quality.

We are keen to realise wider sustainability benefits through our contacts. We encourage our suppliers to use the NETPositive Supplier Engagement Tool; making it a contractual requirement, where appropriate. The tool is free to suppliers, helping them to create a bespoke sustainability action plan.

We also seek expressions of interest in providing Loughborough students and graduates with internship and placement opportunities, when inviting bids.