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ARTICLE · 18 JUNE 2024

Procurement Act 2023 Go-live Date Confirmed

Clarkslegal LLP
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The new Procurement Act 2023, effective from 28 October 2024, will overhaul procurement law, simplifying processes, benefiting SMEs, and ensuring value for taxpayers. Key changes include unified rules, new tendering procedures, core procurement principles, and a Central Digital Platform for notices and supplier information.

United KingdomGovernment, Public Sector
Emma Butcher
Emma Butcher

The Government announced yesterday that the go-live date for the new Procurement Act 2023 will be 28 October 2024.

Marking the biggest change to procurement law we have seen in almost two decades, the new Act aims to create a simpler and more flexible, commercial system of public procurement which will open new opportunities for SMEs and provide value for money for the tax payer.

Some of the key changes will include:

1. Bringing all the current procurement rules under a single umbrella

2. The introduction of a new single 'competitive tendering' procedure-involving either:

  • A single stage open procedure with no restrictions on who may enter; or
  • Any other competitive procedure which the authority considers appropriate, as long as it is proportionate to the nature, complexity and cost of the contract.

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