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  2. Sep 19, 2024 · Among the new notices introduced by the Act, there are a number that explain how well contracts are being performed (including against specified KPIs), and also when contracts are terminated – as well as when a procurement exercise is terminated without ever getting as far as contract award.

  3. Collapse all - Introductory Text. Collapse - PART 1 Key definitions. 1. Procurement and covered procurement. 2. Contracting authorities. 3. Public contracts. 4. Valuation of contracts. 5.

  4. Apr 22, 2024 · Procurement (as opposed to covered procurement) refers to contracts (as opposed to public contracts) which are not subject to the general rules of the Procurement Act 2023, but may have...

  5. Terms implied into public contracts. 67 Electronic invoicing: implied term. (1) The term set out in subsection (2) is implied into every public contract entered into by a contracting authority....

  6. Sep 4, 2024 · The Procurement Act 2023 (Act) gives contracting authorities the benefit of an implied term in every public contract that ensures that the contract can be terminated by the contracting authority in...

  7. (1) In this Act— (a) “procurement” means the award, entry into and management of a contract; (b) “covered procurement” means the award, entry into and management of a public contract....

  8. Jul 3, 2024 · Welcome to the tenth bulletin in our changing landscape series on the Procurement Act 2023 (the Act), where we examine the effect of the Act on the transparency of the procurement regime in...