Nov 14 2024 22 mins 2
Good procurement is not just about initial cost, but also about whole life value. The Procurement Act has been designed to transform procurement and create engaging, competitive and open marketplaces, says the UK's Cabinet Office. Rebecca Rees and Alan Heron explore the mechanisms that have been put in place to enable practitioners to create more competition and flexibility in their procurement processes. Will new skills be required of practitioners to take full advantage of the opportunities?
Plus, hear Rebecca and Alan's final thoughts on the expected impact of the Procurement Act 2023 once it goes live in February 2025.
Further reading:
- An Essential Guide to the Procurement Act 2023, from Procurement Hub
- Procurement Act guidance documents from the Cabinet Office
- What is Public Sector Procurement?
- Procurement Hub
Looking to further your understanding of UK Public Procurement? The CIPS Masterclass in UK Public Procurement two day course is designed to provide participants with a comprehensive understanding of the EU's public procurement regulations, as well as the new UK regulations coming into force in 2025.
This mini-series is brought to you by the Chartered Institute of Procurement & Supply (CIPS) in partnership with the Procurement Hub, part of Places for People.
