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Assessing the Procurement Act 2023: What's in Store for UK SMEs?

Spend Network

The Procurement Bill recently received Royal Assent on 26 October , becoming the Procurement Act 2023. This legislation represents one of the most substantial overhauls of the UK's public procurement system in decades. While now law, the Act's provisions still need to be fully in force.

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Why Malaysia needs a new public procurement law

Open Contracting Partnership

In 2019, the then Pakatan Harapan (PH) Government introduced the National Anti-Corruption Plan 2019-2023 (NACP), a comprehensive five-year roadmap aimed to combat corruption and address critical governance challenges. Among the reform areas identified was the country’s public procurement system.

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What the New UK Procurement Bill Means for Suppliers

Spend Network

The UK's upcoming Procurement Bill , designed to reshape the post-Brexit public procurement system, is entering its final legislative phase. The House of Lords is reviewing amendments proposed by the Commons, with the next session scheduled for October 24, 2023.

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CREDERE to support Colombia’s small businesses to win business with the government

Open Contracting Partnership

Bogota, Colombia, 4 October 2023 — Colombia’s public procurement market is around $150 billion annually, making it a unique opportunity to boost business growth, especially for small companies. The value awarded to SMEs in 2022 was 16 billion Colombian pesos (around 28%).

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Empowering auditors: Indonesia uses data-driven oversight to clean up its corruption-prone procurement sector

Open Contracting Partnership

In 2022, OCP published an impact story about how Indonesia’s authorities have been working with civil society to curb corruption by improving timely oversight of the public procurement system, which spans over 600 decentralized government agencies. Semarang City made a similar agreement in 2023.

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Unlocking opportunities: How Ekiti State, Nigeria is enabling women businesses through better procurement practices

Open Contracting Partnership

Results: The number of women-led businesses registered in the official state public procurement system increased by 43% from 2021 and 2022 to a total of 158 businesses, winning a total of 47 contracts, up from a mere 7 in 2020. This resulted in an updated Procurement Manual ratified by the State Executive Council in May 2023.

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A red light for corruption: How the Dominican Republic is using open data, better processes & collaboration to fight corruption

Open Contracting Partnership

The measures seem to have increased trust in the reforms: more than 20,000 new suppliers have registered, competition is growing across open procurement processes, and supplier diversity is up 27%. And more public buyers are using the system – up from 314 in 2020 to 437 in 2023. in 2020 to 96% in 2023.