The Government is inviting potential buyers to submit their interest in purchasing Constructionline, the construction industry’s largest supplier database service.

Constructionline is currently owned by the Department for Business, Innovation & Skills (BIS), and is operated by Capita under a concession agreement.

Launched in 1998, the service today has a database of over 22,000 suppliers and 8,000 buyers. The service links buyers with contractors, and maintains an up-to-date database of supplier data, including health and safety records, technical ability and financial information.

The Government said the sale would, “allow Constructionline to grow and achieve its full potential, including offering new additional services for the benefit of businesses.”

A BIS spokesperson said Constructionline has, “grown significantly under Government ownership, and now is the time to enable it to expand further to meet the needs of a changing industry. Gaining access to private capital will enable Constructionline to become even more competitive and branch out into new markets.”