Procurement Act 2023 is Live: Essential Information and Strategic Policy Highlights

28 Feb 2025 04:33 PM

The Procurement Act 2023 officially went live on February 24, 2025, following a four-month delay to facilitate the release of the National Procurement Policy Statement (NPPS).

This Act marks a significant shift in UK public procurement, aiming to simplify processes, improve transparency, and ensure value for money. The Act's core objectives include benefiting suppliers of all sizes, particularly small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs), start-ups, and promoting sustainability in public procurement. 

Complementing the Act, the NPPS sets strategic priorities, emphasising: 

The Act introduces new operational elements, including the Central Digital Platform, the Procurement Review Unit (PRU), and the National Security Unit for Procurement, enhancing digital access and accountability. The NPPS further mandates that contracting authorities consider socio-economic and environmental benefits, promoting ethical supply chains and high-quality jobs. 

Key Resources and Updates: 

TechUK Procurement Week 2025: For further insights and discussions surrounding the Procurement Act, you can review the TechUK Procurement Week 2025 round-up: https://www.techuk.org/resource/procurement-week-2025-round-up.html