Remove Blog Remove Procurement Remove Supplier
article thumbnail

Understanding the new Procurement Act 2023: What suppliers need to know - Part 2

VWV

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. The updated exclusion and debarment regime marks one of the Act's biggest changes for suppliers, introducing a publicly centralised debarment list.

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).

professionals

Sign Up for our Newsletter

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

article thumbnail

How to Benchmark Supplier Diversity Performance

Art of Procurement

If there were a shortlist of core procurement skills, benchmarking would undoubtedly be on it. The post How to Benchmark Supplier Diversity Performance appeared first on Art of Procurement. And yet, for the ease.

Supplier 143
article thumbnail

What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance.

article thumbnail

Procurement Act - Key Facts and Figures

VWV

The procurement regime is changing on 24 February 2025. Here are some key facts and figures you need to know about the Procurement Act 2023. Procedures Number of procurement processes has reduced from 6 to 3. A supplier's performance against KPIs must be monitored and reported on.

article thumbnail

The final countdown: National Procurement Policy Statement and new guidance

VWV

New procurement rules take effect soon heres what contracting authorities need to know about the National Procurement Policy Statement and latest guidance updates. Particular attention is given to maximising procurement spend with small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs).

article thumbnail

Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

This post was originally published on the ODI Global blog. Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. How can the Bank leverage this opportunity?