The table below looks at the statistics for Procure-to-Pay skills in IT contracts advertised for the Bedfordshire region. Included is a guide to the contractor rates offered in IT contracts that have cited Procure-to-Pay over the 3 months to 30 May 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
30 May 2016
Same period 2015 Same period 2014
Procure-to-Pay (including Purchase-to-Pay, P2P)
Rank - 35 43
Contract jobs citing Procure-to-Pay 0 5 5
As % of all contract IT jobs located in Bedfordshire - 1.32% 1.12%
As % of the Processes & Methodologies category - 1.56% 1.41%
Number of daily rates quoted 0 0 3
Median daily rate - - £400
UK excluding London median daily rate £415 £413 £425
% change year-on-year
+0.60% -2.94%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £36.25 - -
Procure-to-Pay
East of England

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Bedfordshire region.

Processes & Methodologies Category
Bedfordshire
Contract IT job ads with a match in the
Processes & Methodologies category
255 320 354
As % of all contract IT jobs located in Bedfordshire 83.06% 84.43% 79.37%
Number of daily rates quoted 182 228 209
Median daily rate £475 £450 £400
Median daily rate % change year-on-year
+5.55% +12.50%
90% offered a daily rate of more than £338 £284 £265
10% offered a daily rate of more than £614 £613 £530
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 9 18 9
Median hourly rate £50.78 £40.00 £37.50
Median hourly rate % change year-on-year
+26.95% +6.66%
UK excluding London median hourly rate £32.50 £30.00 £30.00
% change year-on-year
+8.33% -

Procure-to-Pay
Jobs Demand Trend in Bedfordshire

The demand trend of contract jobs across the Bedfordshire region citing Procure-to-Pay as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Procure-to-Pay Jobs Demand Trend in Bedfordshire

Procure-to-Pay
Daily Rate Trend in Bedfordshire

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Procure-to-Pay across the Bedfordshire region.

Procure-to-Pay Daily Rate Trend in Bedfordshire