Home // Insights & Events // Are you ready for the new procurement regime? What you need to know about the New Procurement Act 2023
Are you ready for the introduction of the new procurement regime contained in the Procurement Act 2023 (“PA 2023”)?
Both contracting authorities and suppliers are likely to experience considerable teething problems with the new regime until it is bedded in. The new regime is likely to lead to an increase in procurement challenges particularly in relation to post award contract management which is a key focus of the legislation.
The PA2023 has been hailed as one of the most significant overhauls to the UK’s procurement framework for a generation and marks a distinct break from the EU-based directives that shaped public procurement for decades. But will it live up to its billing?
Robert Bell, our competition and regulatory specialist with over 30 years of experience advising clients on complex competition and regulatory matters in London and Brussels, has prepared a detailed article which explores the key amendments introduced by PA2023, analyses their impact, and offers helpful tips to assist businesses maintain their competitiveness under the new procurement landscape.
You can download the article below, and if it raises any questions or concerns for you about how to navigate this new procurement landscape, here’s how to get in touch.
(0)20 7504 1187
rbell@greenwoods.co.uk
– What You Need to Know about the New Procurement Act 2023
– Implementation Date & Shape of New Framework
– Key Differences Between PA 2023 and the Previous Regime
– Implications for Private Sector Bidders
– Tips for Navigating the New Procurement Regime
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This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. Greenwoods Legal LLP is a Limited Liability Partnership, registered in England, registered number OC306912. Our registered office is Queens House, 55-56 Lincoln’s Inn Fields, London, WC2A 3LJ. A list of the members’ names is available for inspection at our offices in Peterborough, Cambridge and London. Authorised and regulated by the Solicitors Regulation Authority, SRA number 401162. Details of the Solicitors’ Codes of Conduct can be found at www.sra.org.uk. All instructions accepted by Greenwoods Legal LLP are subject to our current Terms of Business. VAT Reg No: 161 9287 89.
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