With the new Procurement Act now in force, businesses involved in public sector contracts must act now to ensure they remain compliant and competitive. Here’s a step-by-step action plan to help you prepare.

 

1. The New Procurement Act – Understand the Key Changes

Familiarise yourself with the main provisions of the Procurement Act 2023, including social value requirements, transparency rules, and the debarment list. Read our detailed guide here.

Organise internal training sessions to educate key staff on the upcoming changes and their impact on bidding strategies and compliance requirements.

 

2. Conduct an Internal Compliance Audit

Review your existing bidding policies and practices to ensure they align with the new legal framework. Identify any areas of non-compliance that need immediate attention.

 

3. Strengthen Your Social Value Strategy

Public sector buyers will prioritise bids that demonstrate wider societal benefits, such as job creation, sustainability, and community engagement. Develop a clear plan to integrate social value into your bids.

 

4. Review Contract Performance and Risk Areas

Assess contract performance to ensure your business meets Key Performance Indicators. Identify any risks that could place you on the debarment list and take corrective action.

 

5. Take Advantage of Increased Transparency

Ensure your bidding team understands the new transparency rules, including the requirements for Contracting Authorities to publish pipelines of upcoming spending and notices on contract performance.

 

6. Assess Your Supply Chain for Local Sourcing Opportunities

With a growing emphasis on supporting UK-based suppliers, evaluate your supply chain and consider how local sourcing could strengthen your bids.

 

7. Seek Expert Guidance

Navigating these changes can be complex. Engage with procurement specialists to ensure you fully understand your obligations and opportunities.

 

Next Steps

Take a look at our procurement expertise. We provide expert advice, training, and bid preparation support as well as representation in challenge proceedings to help suppliers and Contracting Authorities transition smoothly to the new procurement regime.

Contact us today to discuss your queries on the new requirements for the new Procurement Act and ensure you are making the most of the new regime.

Take a look at the act in full here.