Public Policy Note 02/20 is the Government's second recent
PPN, focusing on practical steps to be taken by contracting
authorities to provide financial support to their supply chains
across goods, services and works contracts being delivered in the
UK. PPN 02/20, whilst drafted as guidance, urges that contracting
authorities "must act now" to protect at risk suppliers.
The nature of this intervention from central government and the
extent of relief that contracting authorities are expected to
provide to at risk suppliers is unprecedented. It includes measures
to accelerate payment of invoices, and even for advance payments,
and allows contracting authorities to waive their own rights and
remedies (e.g. to levy LADs and service credits).
