The Procurement Act 2023
The Procurement Act 2023 received Royal Assent in October 2023 and was intended to come into force on 28 October 2024. In the event it was delayed and came into effect on 24 February 2025.
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 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 Act came into force on 24 February 2025. Following all the amendments to the legislation, there are going to be quite a few things for RP’s to consider, but probably the most pressing one for all RP’s is a significant change […]