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A tender lot reserved for SMEs and small charities, introduced by PA23.
Under PA23 contracting authorities can reserve specific lots for SMEs and VCSEs (voluntary, community and social enterprises). Eligibility uses the standard UK SME definition (under 250 employees, under £50m turnover OR under £43m balance sheet total). Reserved lots remove larger competitors from the running, dramatically improving win odds for qualifying suppliers — typically 20-40% vs the 5-15% open-market average. SMEs should filter tender alerts to flag reserved lots they're eligible for.
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