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ARTICLE · 03 SEPTEMBER 2024

Procurement Act 2023 – What Is Changing?

Stephens Scown
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The Procurement Act 2023 marks a major overhaul of procurement rules, replacing several regulations and introducing a new regime effective October 2024. Key changes include greater procedural flexibility, enhanced transparency, modified procurement principles, and expanded grounds for supplier exclusion.

United KingdomGovernment, Public Sector
Tim Lane
Tim Lane

The Government has identified the Procurement Act 2023 ("Procurement Act") as "one of the largest shakeups of procurement rules in this country's history".

The Procurement Act will revoke the Public Contracts Regulations 2015, the Utilities Contracts Regulations 2016, the Concession Contracts Regulations 2016, and the Defence and Security Public Contracts Regulations 2011. In so doing, it will establish a new public procurement regime regulating procurement in England, Wales and Northern Ireland.

The Procurement Act received Royal Assent in October 2023 with most of the provisions coming into force on 28 October 2024. Secondary legislation, the "Procurement Regulations 2024" will also take effect from this date.

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