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Assessing the Procurement Act 2023: What's in Store for UK SMEs?

Spend Network

The Procurement Bill recently received Royal Assent on 26 October , becoming the Procurement Act 2023. This legislation represents one of the most substantial overhauls of the UK's public procurement system in decades. While now law, the Act's provisions still need to be fully in force.

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What the New UK Procurement Bill Means for Suppliers

Spend Network

The UK's upcoming Procurement Bill , designed to reshape the post-Brexit public procurement system, is entering its final legislative phase. The House of Lords is reviewing amendments proposed by the Commons, with the next session scheduled for October 24, 2023.

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Panel on Trust and Cooperation at the global Revolution Conference 2024

Bestek Procurement

Join us for an insightful panel discussion on "A Question of Trust and Cooperation," where we will delve into the crucial role of trust in public procurement systems and the legal frameworks that support them.

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Purchasing uncertain or indefinite requirements – guest post by ?erban Filipon

How to Crack a Nut

Paradoxically, the subject has so far received rather limited attention, particularly when it comes to analysing the phenomenon systematically, across a variety of (very) different public procurement systems and/or international instruments.

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Understanding Standard Bidding Documents in Public Procurement

The Procurement ClassRoom

Faulty information in these documents can lead to bids that do not meet the actual needs of the procuring entity , compromising the integrity and effectiveness of the procurement process. However, most project and Public Procurement Systems have three main categories: Goods , works and Consulting Services.

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CREDERE to support Colombia’s small businesses to win business with the government

Open Contracting Partnership

This value increased by 30% between 2021 and 2022, years in which more than 58,000 contracts were assigned to SMEs, according to data from the electronic public procurement system (SECOP 2) analyzed by OCP. The value awarded to SMEs in 2022 was 16 billion Colombian pesos (around 28%).

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The 3 revolutions of public procurement in Africa

Open Contracting Partnership

Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries.