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Key Findings from the National Audit Office Report The NAO report offers a detailed analysis of the current state of competition in public procurement, highlighting several key areas of concern. One of the most pressing issues is the over-reliance on frameworkagreements by central government departments.
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. When does the Procurement Act take effect? Introduction of open frameworks. Are there any changes to the procurement processes?
Universities have successfully persuaded the Cabinet Office to introduce a minimum contract value threshold of £2 million in relation to some of the transparency requirements to reduce the administrative burden on universities, particularly regarding the publication of information.
Key Principles Of Public ProcurementTransparency: Clear and Open Processes Public contracts aren’t handed out in secret. Review and Lessons Learned After completion, procurementteams assess what worked and what could be improved for future projects.
Master government frameworks & DPS Want to skip the long, drawn-out bidding process? Getting listed on Dynamic Purchasing Systems (DPS) and frameworkagreements means buyers can award contracts directly to pre-approved suppliers. Keep your procurementteam informed and compliant.
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