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 25 July 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
25 Jul 2016
Same period 2015 Same period 2014
Procure-to-Pay (including Purchase-to-Pay, P2P)
Rank - 40 37
Contract jobs citing Procure-to-Pay 0 1 12
As % of all contract IT jobs located in Bedfordshire - 0.26% 2.47%
As % of the Processes & Methodologies category - 0.30% 2.99%
Number of daily rates quoted 0 1 8
Median daily rate - £388 £413
Median daily rate % change year-on-year
- -6.06%
UK excluding London median daily rate £445 £400 £425
% change year-on-year
+11.25% -5.88%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £36.25 £30.00 -
% change year-on-year
+20.83% -
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
281 330 401
As % of all contract IT jobs located in Bedfordshire 80.98% 85.27% 82.51%
Number of daily rates quoted 187 225 268
Median daily rate £450 £425 £413
Median daily rate % change year-on-year
+5.88% +3.03%
90% offered a daily rate of more than £285 £300 £273
10% offered a daily rate of more than £600 £550 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 4 9 8
Median hourly rate £50.78 £51.30 £26.00
Median hourly rate % change year-on-year
-1.01% +97.30%
UK excluding London median hourly rate £30.00 £30.50 £26.98
% change year-on-year
-1.63% +13.06%

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