Centralised buying 'saves Manx government £465,000'
At least £465,000 of taxpayers' money has been saved by the Manx government's new approach to buying goods and services, the Treasury has claimed.
Treasury minister Anne Craine told Tynwald the government was centralising its buying.
It is saving £300,000 on IT support, £165,000 on road diesel and is expected to save on plain paper and envelopes with a contract with the Post Office.
She said local suppliers and taxpayers would benefit from the policy.
"Local suppliers able to trade competitively in their chosen market should have nothing to fear from this policy," the minister added.