Regulated procurement | UK Regulatory Outlook July 2024
Published on 25th Jul 2024
New procurement regime comes into force in October | Further guidance on the Procurement Act published
Summer call to actionThe new procurement regime comes into force on 28 October 2024, meaning both suppliers and authorities should be preparing themselves now for changes being introduced by the Procurement Act 2023. To help get your house in order ahead of the go-live date, we have published further resources on our microsite providing you with practical actions to help you prepare. |
Further guidance on the Procurement Act published
The Cabinet Office has published the next tranche of technical guidance in relation to the Procurement Act 2023. The new documents that have been added are:
Procure
- Modifying a Competitive Procurement
- Time Periods
- Assessing Competitive Tenders
- Conditions of Participation
Define
- Valuation of Contracts
- Below-Threshold Contracts
- Dynamic Markets
- Frameworks
- Direct Award
- Competitive Tendering Procedures
- Conflicts of Interest
- Treaty State Suppliers
- Lots
Originally the Cabinet Office had said that all the guidance documents would be published by the end of June, however this has been pushed back as it has confirmed that there are still a number of guidance documents to be published. Suppliers and authorities should keep an eye out for the remaining guidance which will be published over the summer.
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Regulatory law affects all businesses.
Osborne Clarke’s updated Regulatory Outlook provides you with high level summaries of important forthcoming regulatory developments to help in-house lawyers, compliance professionals and directors navigate the fast-moving business compliance landscape in the UK.
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