What you need to know about the new public sector procurement legislation?
Public Procurement as we know it fundamentally changed on 24 February 2024, when the new Procurement Act came into force. This is the biggest change to Public Procurement Law in England, Wales and Northern Ireland in a generation. The scale and breadth of change should not be underestimated and will require new information systems and a transformation to ways of working across the whole organisation, not just within the Procurement Function / Legal Department.
This new legislation is also a huge opportunity for better buying. Procurement is not just about cost control. Sound governance and a strategic approach to procurement can deliver huge benefits.
In this webinar we discuss the the impact this new legislation will have on contracting authorities and how senior management, Audit Committees, Trustees and others in governance roles should prepare for its implementation.
This webinar highlights:
- What is changing
- Its impact on your organisation
- Skilled staff
- Governance
- Processes and IT systems
- Administration
- Control and assurance
Hosted by procurement expert Walter Akers from In2 the Bargain.
If you would like further advice on improving your governance and the effectiveness of your processes and controls around procurement, please do not hesitate to contact us. We are here to support you in navigating these significant changes and leveraging the opportunities they present.