The UK Government has announced the implementation of the Procurement Act 2023, a transformative piece of legislation set to revolutionise public procurement processes across the construction industry.
The Act introduces several key measures aimed at enhancing transparency, promoting fair competition, and driving innovation:
- Enhanced Transparency: New regulations will ensure greater transparency in public procurement, making it easier for smaller suppliers and subcontractors to compete.
- Debarment List: A debarment list will be established to prevent underperforming subcontractors from applying for contracts, ensuring higher standards and accountability.
- Commercial Freedom: Main contractors will have increased freedom to design procurement processes tailored to their specific needs, fostering innovation and efficiency.
- Value-Based Selection: The Act encourages the selection of the most advantageous tender, considering factors such as local employment and reduced carbon emissions, rather than just the lowest price.
- Support for SMEs: Measures to level the playing field for smaller suppliers will provide them with better opportunities to win contracts.
The Procurement Act 2023 proposes to be a significant step towards a more efficient, fair, and innovative construction industry in the UK. The Government claims to be committed to supporting the industry through this transition and ensuring that the benefits of the new legislation are realised.
“The Procurement Act 2023 marks a new era for public procurement in the UK. By prioritising transparency, innovation, and value, we are creating a more competitive and fair environment for all suppliers. This legislation will not only drive economic growth but also ensure that public procurement delivers the best possible outcomes for our communities,” said Georgia Gould, Parliamentary Secretary for the Cabinet Office
Event: What’s it all about?
Join us for an informative and timely discussion on the recently enforced Procurment Act 2023. This event will provide valuable insights on how it will impact the construction sector, changes that are being newly implemented and ways to nagivate your business around these.
Date: 1st May
Time: 8:30 AM
Location: WSP Office, 8 First Street, Manchester, M15 4RP
Sponsored by: WSP UK
Speakers:
Mike Tyler – Mike Tyler, Business Development Manager of the North West Construction Hub Framework
Katie Saunders – Katie Saunders, Partner and Head of Manchester Construction Practice at Trowers & Hamlins
Carrie-Ann Huelin – Director at Viola Clause
Don’t miss this chance to gain strategic insights and connect with key industry professionals.
Register now to be kept informed, ask questions, network, and enjoy a breakfast pastry & hot drink on the way in.