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.
The Procurement Regulations 2024
Below is a link to the draft Regulations that will sit under the Procurement Act. Please note that at the time of writing (09/04/2024) The Regulations are NOT currently a Statutory Instrument The Procurement Regulations 2024 (legislation.gov.uk)
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 […]