Procurement Financial Viability Risk Assessments (FVRA) – what you need to know

What does FVRA stand for?

For 20 years Jeffrey P. Bezos chose to operate Amazon on thin profit margins to constantly reinvest profits back into Amazon to expand into new business fields. Amazon are living proof that there are many advantages to reinvesting business profits. 

But following the UK Governments introduction of Financial Viability Risk Assessments (FVRA) into UK public procurement processes, would Amazon's approach result in disqualification from a public procurement process? 

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