This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. In Part 1 of our FAQs for suppliers , we covered key changes to the procurement process and what suppliers can do to get ready for the Procurement Act.
In a nutshell, the government will ban significant parts of the food distribution network within the EU from participating in food procurement in Portugal and thus tilt the market in favour of suppliers and distributors closer to the customer. Where will they source the food that also is mandatory to be in season?
Whether you’re a supplier trying to land your first contract, a business just getting into understanding government procurement, or a pro looking to stay on top of compliance, this glossary is your go-to guide. The contracting authority or government agency sets the rules, picks the best supplier, and ensures everything runs smoothly.
Affecting around 4000 public buyers, the decree defines procurement as ‘green’ if it uses green criteria, recognized certificates, ecolabels or environmental management systems for no less than 50% of total procurement value. The way we think about technology is that it has to help public buyers and suppliers conduct business easier.
There are some exceptions to this; longer terms may be permissible if suppliers are expected to make significant investments and can be justified. Can you direct award a framework? Direct awards are possible if a direct award justification applies, such as single suppliers or switching to direct award following a failed procurement.
Exclusions - The rule on excluding suppliers is one of the most significant areas of reform with the introduction of the debarment list and widened grounds for exclusion. Contract Award Notices and Standstill - The mandatory standstill period is changing under the Act, from 10 calendar days to 8 working days.
Where AI is likely to be used in the delivery of a service, commercial teams may wish to require suppliers to declare this, and provide further details. It recognises that there ‘are potential benefits to suppliers using AI to develop their bids, enabling them to bid for a greater number of public contracts.
The two points I will discuss are: Fair trade requirements to products cannot be part of technical specifications but are conditions relating to the performance of the contract; Fair trade criteria can be used as awardcriteria for public supply contracts. Technical specifications or contract performance conditions?
The awarded contract worth € 2,4 million was a result of an extensive European tendering procedure which took almost 1 year. The awardingcriteria was 60% on quality and 40% on price. Public institutions and commercial companies alike, Negometrix offers clear insight, structure and support in selecting the best suppliers.
Contracting authorities are required to have regard to three national priority outcomes in designing their procurement strategies: Creating new businesses, new jobs and new skills Tackling climate change and reducing waste Improving supplier diversity, innovation and resilience None of these national priorities should come as a surprise.
For contracting authorities and suppliers bidding for public sector contracts, the procurement rules remain largely unchanged, at least for the moment. Some minor amendments have been made to the Public Contracts Regulations 2015 to ensure the rules will work in practice for a UK domestic system.
They are also working on tools to help contracting authorities to analyze their own data, for example, to monitor the average lead time of their tenders, or decide which awardcriteria to use when preparing a tender. In total, more than 131,000 tenders are published.
Regulators can better promote green procurement by sharing guidance in simpler language that can more readily be reused in procurement notices (and understood by potential suppliers). At present, the low adoption of green criteria is the main barrier.
But, with millions of contracts awarded every year, they couldn’t manually check the VAT status of every supplier. Adildik Joly alerted the suppliers that they’d been caught out, and with sustained pressure, the companies voluntarily returned the stolen funds. When Datanomix were approached by Adildik Joly, the redflags.ai
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content