Downing Street may be ready to rein in its IT consultancy spending and open the doors to smaller companies to bid for government contracts, according to Cabinet Office minister Francis Maude.
"This government has the clear ambition to make the UK the most transparent and accountable country in the world," he said.
"This is a world first and a revolutionary step in opening up government, enabling greater accountability and setting the data free for use in new and innovative applications."
The information will also be used to reveal the companies that benefit from government funds, and perhaps encourage more parties to compete for contracts.
"We hope this will encourage greater competition in pricing and also encourage more suppliers as awareness of what the government spends its money on grows."
Maude suggested that incumbents in the bidding process had an unfair advantage, and that the government is looking to change this.
"It will give small companies, charities, social enterprises and mutuals access to information and contracts that had previously been restricted to those with the right contacts and the right information, and forms an integral part of our push to get more SMEs and voluntary organisations involved in government contracts," he said.
The spending list is currently dominated by large firms including BT, Atos Origin, Capgemini, HP, Logica and IBM.
BT has earned £51.8m from the Department for Work and Pensions and £123.7m from the Department for Health over the past five months, while Capgemini earned £271m from HM Revenue & Customs, and HP earned £224.3m from the Department for Work and Pensions.
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