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 June 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 Jun 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 3 12
As % of all contract IT jobs located in Bedfordshire - 0.86% 2.58%
As % of the Processes & Methodologies category - 1.01% 3.27%
Number of daily rates quoted 0 0 7
Median daily rate - - £425
UK excluding London median daily rate £400 £425 £426
% change year-on-year
-5.88% -0.11%
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
256 298 367
As % of all contract IT jobs located in Bedfordshire 80.50% 85.63% 78.76%
Number of daily rates quoted 176 208 237
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £280 £279 £265
10% offered a daily rate of more than £613 £575 £530
UK excluding London median daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 7 12 12
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 £28.50 £30.00 £29.50
% change year-on-year
-5.00% +1.69%

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