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As we step into 2024, the landscape of public procurement in the UK will undergo a significant transformation. With the aim of fostering simplicity, transparency, and sustainability, the government has introduced a new set of regulations to govern the public procurement process. For companies vying for public sector contracts, understanding these changes is paramount. In this article, we delve into the intricacies of the new public procurement regime, offering insights and guidance to help businesses navigate this changing landscape.

What To Expect

The anticipated launch date for the new public procurement regime is October 2024.

The Government has said that learning packages and development material will be made available to guide organisations through the introduction of the act. There are  ‘knowledge drops’ currently available, which provide a high-level overview of the changes.

Key Changes in the Procurement Framework

        • Simplified Procedures: The new regime emphasises streamlining procedures to enhance accessibility for businesses of all sizes. Simplified processes aim to reduce administrative burdens, enabling smoother transactions and greater participation.
        • Focus on Sustainability and Social Value: A notable shift towards sustainability and social value lies at the heart of the updated procurement bill. Public sector buyers now prioritise environmental considerations, ethical sourcing, and social impact when awarding contracts. Companies that can demonstrate a commitment to these values will likely gain a competitive edge.
        • Digitalisation and Innovation: Embracing technological advancements, the procurement process undergoes a digital transformation. Digital platforms facilitate efficient communication, data exchange, and collaboration between buyers and suppliers. Moreover, innovation is encouraged, with an emphasis on novel solutions that drive value for both parties.

What Should Businesses Do Now?

Although the existing regime will remain for all public procurements prior to the new regime commencing, it is vital that organisations begin to prepare for the upcoming changes.

Accessing and understanding the knowledge drops mentioned above is advised in order to gain a high-level understanding of the changes.