Public procurement law is changing following the introduction of the new Procurement Act 2023 and associated Regulations which are scheduled to go live on 24 February 2025.
If you are a business that supplies goods, works or services to the Welsh public sector you need to know about these changes and our plans to prepare stakeholders for its implementation.
This important piece of legislation will transform the way that Welsh contracting authorities buy goods, services and works, bringing a range of benefits to suppliers, including:
- A central digital platform
- Visibility of procurement plans
- Simplified bidding processes
- Flexible procedures
- Flexible commercial frameworks
- Duty to consider SMEs
- Prompt payment
These changes will drive innovation, deliver better outcomes and embed transparency right throughout the commercial lifecycle, so everyone can access procurement data and see how public money is spent.
While the Procurement Act doesn’t really govern suppliers directly, it aims to make it easier for you to do business with the public and utility sectors, so you need to understand what it means for your organisation.
For further information please select the following links:
- The Procurement Act 2023 and Associated Regulations: A short guide for suppliers [HTML] | GOV.WALES
- Public sector procurement | Sub-topic | GOV.WALES
Sell2Wales - selling to the public sector
There may be opportunities for your business to provide goods, works or services to the public sector, either through a direct contract or by becoming a sub-contractor: Sell2Wales - selling to the public sector | Business Wales (gov.wales)