Earlier this month, the U.K. Foreign, Commonwealth & Development Office published its commercial pipeline — a list which provides early intelligence on future procurements. It included 49 opportunities worth £948.4 million ($1.25 billion) to be procured in the next three years. This is the highest number of forecasted contracts ever since the agency started its publication in December 2020.
Unlike the previous report, which largely consisted of procurement unrelated to development such as logistics and transportation services, most of the December pipeline focuses on development.
Of the 49 opportunities in the program, 42 were tagged as “World Programmes,” a generic term the office uses for development and humanitarian work. These contracts are worth £838.8 million, which includes £66.3 million of funding provided through the Conflict, Stability and Security Fund — the U.K.'s fund meant to address fragility and conflict worldwide. The amount is still likely to increase as FCDO releases more information. Just last Thursday, the estimated value of the CSSF Framework Agreement was updated to a range of £500 million to £1.2 billion.