February 18, 2025

The Procurement Act 2023 will come into effect on 24th February 2025

The Procurement Act 2023, set to become law on 24th February 2025, introduces significant changes to public procurement in the UK, with notable implications for cladding contractors.

The new Act will simplify the bidding processes to make it easier to bid, negotiate and work in partnership with the public sector - including a new 'competitive flexible' procedure.

Benefits for suppliers

• Simplified bidding: The act will make it easier for suppliers to bid for contracts.
• More opportunities: The act will open up public procurement to more suppliers, including small businesses, social enterprises, and voluntary and community organizations.
• Better oversight: The act will require better oversight of procurement decisions.
• Stronger payment terms: The act will strengthen payment terms.

Benefits for public services

• More effective procurementThe act will make procurement more effective, so that every pound goes further for public services.
• More transparent procurementThe act will make procurement more transparent, so that taxpayers can scrutinize how their money is spent.
• More flexible procurementThe act will make procurement more flexible, so that it better meets the country's needs.

Other key changes

• The act will take tougher action on underperforming suppliers.
• The act will exclude suppliers who pose unacceptable risks.
• The act will embed transparency throughout the commercial lifecycle.

Click here to check out the guideline from the UK government