As turnover rises...
Morrison sees outsource opportunities for AM Bid
Andrew Morrison: no material changes (pic: Terry Murden)
AM Bid, Scotland’s largest bid and tender specialist, says a shift towards more outsourcing is creating opportunities to grow its customer base.
After reporting a fourth year of turnover growth, by 23% to £898,000, business development director Andrew Morrison said he believes the future for outsourced bidding services remains strong.
“There are unlikely to be any material changes to public sector procurement in the short to medium-term and there is evidence that the private sector is adopting an increasingly procurement-led approach to its sourcing of goods and services,” he said.
“As many organisations move away from direct employment of support services, including bidding, we see opportunities to grow our customer base.”
The firm will also further develop its assistance to organisations seeking external funding.
The company has no external financing and remains debt free, with no bad debt across the five years.