The Procurement Act 2023 will enter into force on 24 February 2025. The Act constitutes a major overhaul of the existing, EU-based rules governing the award of contracts by public authorities and utilities for the purchase of works, supplies or services.
The Act will apply to contract award procedures commenced (through publication of a tender notice) on or after 24 February 2025. Procedures commenced before that date will continue to be governed by the old regime.
Under the Act, contracting authorities are required to have regard to several specified objectives. Two of these objectives capture the existing principles of transparency and equal treatment. Other objectives are stipulated for the first time, including: (i) delivering value for money; (ii) maximising public benefit; and (iii) acting, and being seen to act, with integrity.
For more information, see this blog post by our Administrative and Public Law team.
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