Every year £300 billion of public sector funds are spent in the UK.
When spending these funds and procuring goods and services, there are clear Public Contract regulations (PCR15) that public sector organisations need to comply with.
Following the UK’s exit from Europe, new legislation has been approved and in October the Procurement Act will go live. This new Act will ensure that public sector procurement contracts continue to be awarded fairly and transparently, while giving organisations value for money.
Unfortunately, this period of change has brought confusion to the market, with many organisations unsure of what impact the new Act will have on them and their procurement options. At a time when public finances are severely stretched, uncertainty can lead to delays in the procurement process which can cause increase in time and costs.
To support public sector organisations, understand the new procurement governance and the implication of the Procurement Act, RLB has produced its How to Procure Us guide which can be downloaded here.
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