Procurement Act 2023 Knowledge Drops
The Procurement Act 2023 will establish a new regime for procurement in the UK public sector, aiming to create a simpler and more flexible commercial system, open up the market to new entrants such as small businesses and social enterprises, and embed transparency.
Ahead of its proposed go-live date in October 2024, the Cabinet Office has published a series of knowledge drops. They will provide a high level overview of the changes for those that have regular interactions with government procurement. There are three different audiences who will benefit from the guidance:
- contracting authorities (with accompanying fact sheets that outline specific differences for Wales, Northern Ireland, utilities, light touch, defence and security, concessions and schools)
- suppliers who deliver contracts to the UK public, utilities and defence sectors
- small and medium sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs)
There are multiple parts to the knowledge drops for contracting authorities and suppliers, with each part providing an understanding of various aspects such as what actions contracting authorities will need to take and consider to implement the procurement act and just how the act will influence how suppliers do business with the UK public sector.
You can find the ‘The Official Transforming Public Procurement Knowledge Drops’ here. There is also a link to supporting factsheets to accompany the official TPP Knowledge Drops to help build awareness and understanding regarding exemptions and the general regime.