Question from: County Councillor Elwyn Vaughan Subject: Procurement
What is the latest percentage, and real sum, of Powys council procurement expenditure within Powys and then separate within Wales? This figure needs to show comparison with both previous years.
Response by the Portfolio Holder:
Please see below the Powys Council expenditure within Powys and across Wales as requested:
These figures show a real positive impact of the Powys Pound vision with an additional £13m of Powys Council expenditure being spent in Powys. However, there are anomalies in the way these figures are calculated and collected and this will be addressed this financial year. For instance, companies operating in Powys employing local people and using local suppliers may not be counted into the figure merely because invoices are paid to an address outside of Powys. The current methodology therefore does not fully measure the impact of the Council’s spend on the local economy. This accords to the methodology adopted by neighbouring and other Welsh authorities so will also provide a better measure for comparison with those authorities using the measure.