B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
55%
55% -- bid cost overrun reduction for UK public sector bids with skilled bid managers (2024)
Skilled bid managers reduce bid cost overrun by 55%, lowering average spend from £45,000 to £20,000 per major bid.
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
55%
Unit
Percentage
Data Vintage
2024
Entity
Geography
GB
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
UK Cabinet Office
Primary
Tier B
https://bidwell.app/blog/bid-manager-responsibilities ↗
Source Article
Bid Manager Responsibilities: A 2026 Definitive Guide
Original Research
UK Cabinet Office
· Original study ↗
Methodology
UK Cabinet Office Procurement Review cited by the article; average spend per major bid falls from £45,000 to £20,000
Methodology documented
Segmentation
IndustryPublic Sector
RegionGB
Channelcontent
Cite this stat
Plain Text
UK public sector bids with skilled bid managers: 55% bid cost overrun reduction. Source: UK Cabinet Office (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/cabinet-office-bid-cost-overrun-2024
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<blockquote cite="https://lighthousedata.io/data/cabinet-office-bid-cost-overrun-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>55%</strong> -- bid cost overrun reduction for UK public sector bids with skilled bid managers<br><small>Source: UK Cabinet Office (2024) · <a href="https://lighthousedata.io/data/cabinet-office-bid-cost-overrun-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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