Procurement Act 2023 – What does the delay mean?
12 September 2024
The Government has released a Ministerial Statement today (12 September 2023), announcing the intention to delay the commencement of the Procurement Act 2023, to a new go live date of 24 February 2025. This announcement will be welcomed by authorities who are currently in the process of updating documents and progressing change through their governance procedures to meet the original commencement date in October.
The Statement goes on to announce that a new National Procurement Policy Statement will be produced, to reflect the new administration’s priorities for public procurement. The new policy will replace the National Procurement Policy Statement which was laid in Parliament by the previous administration on 13 May 2024. It will be interesting to see how the previous national priorities will be changed to reflect the ambition of applying procurement to deliver value for money, economic growth and social value.
Read the full statement here. If you have any further questions please do not hesitate to get in contact with our Public Sector Team.
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Claire Jones
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Michael Corsham
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Josephine Devoti
Sectors
The content of this article is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this article please contact the author in the first instance. Law covered as at September 2024.