By Rebecca Rees2023-11-16T06:00:00
We now have the tools we need to make procurement fit for purpose, we all have a responsbibility to ensure this transformation happens, write Rebecca Rees
The Procurement Act 2023 received Royal Assent on 26 October, the final step in a long and arduous legislative journey.
The government has promised the transformation of public procurement law for post-Brexit Britain, unleashing us from the shackles of European-derived legislation, increasing access to the public purse for SMEs and creating value for money by reducing red-tape and increasing flexibility.
So why doesn’t it come into force until October 2024? It is not (as some might think) the need for more time by the Cabinet Office to enact secondary legislation and guidance or finalise a new central digital platform, although all of this needs to be done.
You are not currently logged in. Subscribers may LOGIN here.
A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders, data and research - including our popular annual league tables. You will receive:
Get access to premium content subscribe today