Understanding the UK’s New Procurement Regime in 2025

This document is a client alert detailing the UK’s new Procurement Act 2023, which will take effect on February 24, 2025. The Act introduces a streamlined procurement process, replacing the previous EU framework with a single, flexible procedure. It aims to enhance competition by encouraging authorities to divide contracts into smaller lots, thus facilitating participation from small and medium enterprises (SMEs). The Act also mandates greater transparency, requiring suppliers to disclose key performance indicators and authorities to publish various notices related to contract performance. Additionally, the document outlines changes in the basis for awarding contracts, shifting from the 'most economically advantageous tender' to the 'most advantageous tender,' potentially allowing for broader criteria in contract awards. Furthermore, it discusses the implications of debarment and the new accountability measures for supplier performance. Key changes in the challenge process for unsuccessful bidders are also highlighted, including modified timeframes for set-aside proceedings and standstill periods.