What does the Procurement Act mean for public bodies and suppliers?
The government\u2019s approach to procurement is entering a new era. Significant reforms to the UK's post-Brexit procurement legislation, set out in the Procurement Act, will redefine how public sector organisations acquire goods, services, and human resources as new rules and opportunities emerge. So with almost \xa3400bn a year spent on public procurement, how ready are public bodies and suppliers for the Procurement Act\u2019s profound implications? \n\nDrawing on IfG's extensive research and analysis on government procurement and outsourcing, this event convened a panel of experts to explore the following key questions:\n\nWhat are the main changes that will be implemented under the new Procurement Act?\nHow prepared are public bodies and suppliers for these changes?\nWhat impact will the changes have on procurement practice?\nWhat are the key risks and opportunities for public bodies and suppliers?\nWe were joined by an expert panel, including:\n\nLindsay Maguire, Deputy Director for Procurement Reform Implementation at the Cabinet Office\nAndy Milner, Chief Executive Officer of Amey\nPeter Schofield, Head of Integrated Commissioning and Procurement at Manchester City Council\nLaura Wisdom, Partner at Burges Salmon\n\nThe event was chaired by Nick Davies, Programme Director at the Institute for Government.\n\nThe event is a follow-up to a previous briefing on the Procurement Bill in 2022.