VWV

NOVEMBER 3, 2023

The Act promises to speed up the procurement process and improve transparency as well as consolidating and simplifying the existing EU based regime. Anticipated Timelines What are the steps for the Procurement Act and ancillary changes to come into force? January 2024 - Revised thresholds for new procurements come into effect.

Public Procurement 52

Public Procurement Procurement Thresholds Procurement Team 52

ivalua

MAY 9, 2023

The result– the market has turned into almost a monopoly where there is one dominant provider and the threshold for other vendors is so high that entry is incredibly difficult. In Norway there has been a long period of consolidation on the vendor side where vendors have been bought to be discontinued or bought to be sold under a common brand.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

VWV

FEBRUARY 22, 2022

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.

Procurement 40

Procurement Thresholds Framework Agreement Procurement Team 40

Bonfire

MARCH 29, 2022

Roundtable participants said under a certain threshold (around $100K for services and $25K for goods) their client departments have full discretion on how to source. If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option.

Procurement 52

Procurement Eprocurement Purchasing Participation 52

VWV

OCTOBER 8, 2024

For below threshold contracts , Contracts Finder will still be active. For above threshold contracts , the new Central Digital Platform will be the primary tool for finding upcoming opportunities. You can consult Schedule 1 of the PSR or our specialist Healthcare Procurement team for more details.

Supplier 52

Supplier Procurement Tender Transparency 52

ivalua

AUGUST 16, 2021

In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Supplier risk criteria, tolerance thresholds, and monitoring requirements. The wave of globalization has made businesses more reliant upon their suppliers than ever before.

Supplier 52

Supplier Management Supply Chain Risk Management 52

Tracker Intelligence

FEBRUARY 12, 2025

Awarding the Contract The winning supplier is selected based on clear criteria, ensuring fair and competitive procurement. Review and Lessons Learned After completion, procurement teams assess what worked and what could be improved for future projects. The UK now follows its procurement regulations.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52