Business and Other Briefings

BIS: A simpler way of pre-qualifying for construction contracts is to be introduced Business Minister, Mark Prisk, has announced. Currently businesses may have to answer a different set of questions every time they bid for new government contracts.  

In future, a standard prequalification questionnaire is available as a free download, streamlining this process, saving both time & money (est. £250m p.a.) for construction firms.
Press release ~ Publicly Available Specification (PAS 91)
 
LBRO: The first ever comprehensive report of business attitudes to regulation & its burdens, involving consensus from an unprecedented range of leading representative bodies & companies, has been published. From The Business End of the Telescope - Perspectives on Local Regulation and Enforcement explores the views of businesses and depth of their feeling regarding regulatory burdens.

It says a culture change in local regulation in which business & regulators work in partnership to achieve prosperity & protection is needed before any real difference will be felt and argues fewer resources for regulation should mean more focus and better outcomes.
Press release ~ From The Business End of the Telescope - Perspectives on Local Regulation and Enforcement
 
ECGDECGD, the UK export credit agency, has announced that its fixed-rate export finance (FREF) scheme will close on 31 March 2011unless its budget is used up before that date. The decision to close the scheme follows a public consultation.
Press release ~ ECGD support for fixed rate export finance – consultation response
 
OFT: The OFT has recently produced draft guidance for businesses about the types of land agreements that might fall foul of competition lawUntil now, land agreements between businesses benefited from special treatment under UK competition law.  However from 6 April 2011 land agreements that prevent, restrict or distort competition will be void & unenforceable – See  ‘Guidance Notes & Best Practice Guides’ section for more information.
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