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Key guidance notes released in build up to Procurement Act 2023

VWV

As part of the roll out of the new Procurement Act 2023 (the Act), the Cabinet Office is releasing a suite of 38 guidance documents. This guidance note sets out the process for directly awarding a contract under the Act plus information on the new Transparency Notice and standstill period which will be mandatory for most direct awards.

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

How to Crack a Nut

On 13 November 2023, the UK Government published guidance setting out its ambitions for innovation procurement under the new Procurement Act 2023 (not yet in force, of which you can read a summary here). 94 PA 2023). 20 PA 2023). Therefore, that greater investment in expertise needs to be coupled with a culture change.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. There is research to show that every additional tenderer leads to a price reduction.

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2023 Year in Review: Latin America and Investment Arbitration

Kluwer Arbitration

ICSID reported that, out of the new forty-five registered cases, twenty-one were brought against Latin American and Caribbean states (the annual report covers the fiscal year from July 1, 2022 to June 30, 2023). Further, the easement on US sanctions on Venezuela in 2023 might also impact the foreign investment the country receives.

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

Open Contracting Partnership

Semarang City made a similar agreement in 2023. This provided transparency for all involved in managing the process in a way that wasn’t possible previously when complaints were transferred manually between agencies by email. As of April 2024, 120 inspectorate offices nationwide have access to the system, up from 35 in 2023. “We

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

Ivalua Spend Management Insights [ivory-search] Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment May 9, 2023 | | Public Sector /by he I have spent most of my career in the private sector and started to get in contact with the space in recent years.

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Countdown To RIDW24: New Year, New Arbitration Hub: KSA’s Impressive Delivery On Its Promise to Create an Attractive Environment for Investors

Kluwer Arbitration

In 2023 alone, this included reforms in national legislation, international instruments, and institutional rules. On the national legislation front, the flagship reform is the enactment in June 2023 of the new Saudi Civil Transactions Law , which came into force on 16 December 2023.

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