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<p>The Home Office regularly monitors the financial performance of its current strategic
suppliers as part of its supplier management processes. As part of the wider Government
Commercial Function, the Home Office receives market intelligence from the Markets
and Suppliers team, and the department works closely with Crown Representatives who
operate at board level with our strategic suppliers and provide insights into company
strategy and issues. The Home Office has applied this process in assessing the impact
of the Carillion liquidation.</p><p>All Home Office contracts are tendered in compliance
with the EU Procurement Directives and as part of its tendering process an assessment
of financial viability is undertaken, which is in line with best practice and Cabinet
Office guidance. The assessment is proportionate to the risk of the procurement being
undertaken and is completed on each bidder by independent qualified accountants. The
outcomes are considered within the normal tendering governance processes. The recommendations
of the independent assessment will be considered alongside any other financial intelligence
and insights that are held as part of the wider Government Commercial Function.</p>
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