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The consultancy market in Malta is growing rapidly, driven by the increasing demand for specialized expertise from businesses across all sectors of the economy. The market is expected to reach a value of €200 million by 2025, with a growth rate of 10% per annum.
The Maltese government is a major buyer of consultancy services, spending an estimated €50 million per year on this type of procurement. The main areas where the government procures consultancy services are IT, management consulting, and human resources consulting.
There are a number of factors driving the growth of the consultancy market in Malta, including:
The increasing complexity of businesses
The need for specialized expertise
The scarcity of skilled professionals in Malta
The growing importance of knowledge and innovation
The Maltese government procures consultancy services through a number of different channels, including:
Open tenders
Restricted tenders
Direct awards
The government also uses a number of different methods to select consultants, including:
Price-based selection
Quality-based selection
Best value for money selection
The government's procurement of consultancy services is subject to a number of regulations, including the Public Procurement Act (2006) and the Public Contract Regulations (2010).
The main consultancy products and services procured by the Maltese government are:
IT consultancy
Management consulting
Human resources consulting
Financial consulting
Legal consulting
The government also procures a range of other consultancy services, such as:
Environmental consultancy
Marketing consultancy
Training and development consultancy
The top authorities for Malta consultancy procurement are:
The Ministry of Finance
The Ministry for the Economy and Industry
The Ministry for Education and Employment
The Ministry for Transport and Infrastructure
The Ministry for Health
Determining the top winners in Malta's diverse consultancy sector for procurement is challenging without specifying a timeframe or sub-specialty. However, some consistently recognized players include BDO Malta, Grant Thornton Malta, and Kpmg Malta, known for their comprehensive procurement consultancy services. For smaller niche areas, consider researching award-winning firms like Proactive Procurement and Supply Chain for strategic sourcing excellence, or Crimsonwing Malta for their expertise in IT procurement. Remember, "best" depends on specific needs, so narrowing your focus for a more accurate answer is key.
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