The Procurement Act 2023
The Procurement Act 2023 received Royal Assent in October 2023 and the start of the implementation period was announced on Monday 22nd April 2024. The Act will come into force on 28 October 2024.
There are significant differences between the new Act and the previous public procurement legislation, the Public Contract Regulations 2015, which originated in the EU.
We can support you to review your practice and processes and ensure that when the implementation period ends you are compliant with the Act.
What the postponement of the Procurement Act means for Social Housing.
Whilst we wouldn’t presume to comment on the impact on the Act for the wider Public Sector: every sub-sector will have its own drivers, for Social Housing this 5 month pause is an opportunity. For many Registered Providers of Social Housing, specifically those with less than 40,000 homes, the new Act brings little to the […]
Postponement of the Act
from 28th October 2024 to 24th February 2025 On the morning of 12 September 2024 the Rt Hon Member for Queens Park and Maida Vale, Georgia Gould MP, Parliamentary Secretary for the Cabinet Office, made a written statement announcing that that the implementation of the Procurement Act had been postponed from 28 October 24 to […]
The way to calculate total contract value (TCV) for rolling contracts is changing.
A significant change to how rolling contracts are handled under the new Regulations. The 6 month implementation phase has now commenced, and the Act comes into force on 28 October 2024. Following all the recent amendments to the legislation, there are going to be quite a few things for RP’s to consider, but probably the […]