Exploring the forces that are about to shape the lives of procurement and supply professionals, with the Chartered Institute of Procurement and Supply (CIPS)
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Exploring the forces that are about to shape the lives of procurement and supply professionals, with the Chartered Institute of Procurement and Supply (CIPS)
Procurement Act, part 4: opening up public sector procurement
CIPS Futures
22 minutes
11 months ago
Procurement Act, part 4: opening up public sector procurement
Good procurement is not just about initial cost, but also about whole life value. The Procurement Act has been designed to transform procurement and create engaging, competitive and open marketplaces, says the UK's Cabinet Office. Rebecca Rees and Alan Heron explore the mechanisms that have been put in place to enable practitioners to create more competition and flexibility in their procurement processes. Will new skills be required of practitioners to take full advantage of the opportunities?
Plus, hear Rebecca and Alan's final thoughts on the expected impact of the Procurement Act 2023 once it goes live in February 2025.
Further reading:
An Essential Guide to the Procurement Act 2023, from Procurement Hub
Procurement Act guidance documents from the Cabinet Office
What is Public Sector Procurement?
Procurement Hub
This mini-series is brought to you by the Chartered Institute of Procurement & Supply (CIPS) in partnership with the Procurement Hub, part of Places for People.
CIPS Futures
Exploring the forces that are about to shape the lives of procurement and supply professionals, with the Chartered Institute of Procurement and Supply (CIPS)
