article thumbnail

Preparing for the central digital platform: Key updates, supplier actions, and data protection insights under the Procurement Act

VWV

With the Procurement Act 2023 set to go live on 24 February 2025, the Cabinet Office has been releasing guidance notes to help both contracting authorities and suppliers prepare. Supplier information Suppliers will need to act promptly once the platform is live. details of connected persons).

article thumbnail

Procurement Act - Key Facts and Figures

VWV

Consilidation The Procurement Act 2023 will be a consolidation of: Public Contracts Regulations 2015 Concession Contracts Regulations 2016 Utilities Contracts Regulations 2016 Defence and Security Public Contracts Regulations 2011 but will need to be read alongside the The Procurement Regulations 2024 and the National Procurement Policy Statement 1.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. There seems to be a drive within procurement teams to understand their suppliers and the network of suppliers under their tier one suppliers.

article thumbnail

Changes to Public Contract Regulations 2015

Naomi Clews Consultancy

Trade Act 2023 The new Trade (Australia and New Zealand) Act 2023 has resulted in changes to the Public Contract Regulations 2015 that directly impact on the public procurement process. What has changed? ​ Failure to estimate the value of a procurement will automatically mean the a public procurement process must be followed.

Export 52
article thumbnail

Unwrapping the year's Procurement Act updates: Festive facts and gifts

VWV

The transitional provisions mean that the Public Contracts Regulations 2015 are likely to continue to apply for some time. The final regulations, The Procurement Act 2023 (Consequential and Other Amendments) Regulations 2025 , have just been laid before Parliament in order for the Act to go-live at the end of February 2025.

article thumbnail

Innovation procurement under the Procurement Act 2023 -- changing procurement culture on the cheap?

How to Crack a Nut

Procurers will be able to better communicate their particular problem to suppliers and work with them to come up with potential solutions. Using product demonstrations alongside written tenders will help buyers get a proper appreciation of solutions being offered by suppliers. 48 and 46 PCR 2015). 48 and 46 PCR 2015).

article thumbnail

Webinar Recap: 5 Ways GovSpend Can Help SLED Agencies Meet Procurement Goalss

GovSpend

Using the GovSpend platform, she demonstrated how to leverage Spending & POs , one of our most powerful search modules with spending data back to 2015, to conduct vendor research.