Public Procurement Update
The Government has published new draft regulations to govern procurement of goods and services by central government and other public authorities.
Once approved by Parliament (assuming the current draft) and brought into force later this year, the Public Contracts Regulations 2015 will replace the 2006 version (except for public works and services concession contracts) and add to the law in this area.
Contracts between £10,000 (for central government) and £25,000 (for other public authorities) up to the current threshold limits (£111,676 for goods and £172,514 for services) are to benefit from:
- a requirement for the authority to advertise on the government's Contracts Finder website and
- the absence of any pre-qualification questionnaire or separate pre-qualification stage.
Further details will be provided in future Commerical updates.