Security and confidentiality are paramount
The Marketplace has been developed on the HighQ platform, owned by Thomson Reuters. This is used by hundreds of thousands of professionals located worldwide for high value commercial transactions, often as a bidder site.
The Marketplace is only for approved clients and suppliers
To join the Marketplace, clients and suppliers must have a same-country membership of the relevant partnering association - PS clients (Managing Partners' Forum); PS suppliers (PM Forum); Non-PS clients (Consultancy Procurement Council); Non-PS suppliers: a £500 corporate access fee is due if no individual in the same country is eligible to join the Managing Partners' Forum. In addition, suppliers must be included on an active non-related client panel for the same country.
The creator and others from the same organisation are the only people who can edit content added by those from that organisation
Needs, services, alerts and panels are specified to a sensible level of granularity
Technical expertise, which is usually mandatory, can be filtered by service line.
Commercial and privacy constraints determine which content can be searched or viewed
As an example, contacts can specify which groups (if any) can view their contact details; clients cannot view the needs, panels and projects of other clients; and suppliers cannot view the services and panels of other suppliers. Those commenting on the performance of others can choose whether their comments are attributed or anonymous.
Clients will never be charged for sourced projects
Suppliers are charged a £500 transaction fee irrespective of project value for projects sourced through the Marketplace, with a reduced rate for lower value projects.