The new Procurement Act 2023 will be in due course be accompanied by the replacement of the current Public Contracts Regulations 2015 and related statutory instruments made under the previous primary legislation. The Act reflects principles of proportionality, transparency and ensuring that suppliers do not have an unfair advantage or disadvantage.55 The Procurement Act has been developed with the aim of reducing administrative costs to businesses and the public sector, while permitting flexi...

The new Procurement Act 2023 will be in due course be accompanied by the replacement of the current Public Contracts Regulations 2015 and related statutory instruments made under the previous primary legislation. The Act reflects principles of proportionality, transparency and ensuring that suppliers do not have an unfair advantage or disadvantage.55 The Procurement Act has been developed with the aim of reducing administrative costs to businesses and the public sector, while permitting flexibility in how buyers structure competitions and use negotiation. This increases the importance of collecting good quality data to ensure that departments Type: conclusion | Number: 32 | Response status: accepted Government response: 5.1 The government agrees with the Committee’s recommendation Recommendation implemented 5.2 It is currently anticipated that the new regime in the Procurement Act 2023 will go-live in October 2024 following an implementation period of 6 months post the laying of seco