The Procurement Act 2023 is approaching
Is your organisation prepared?
Posted by Connie Courtnell on Feb 12, 2025
From the 24th of February 2025 the rules governing public procurement will be changing. According to this article on the gov website, the new Procurement Act regulations will improve and streamline the way procurement is done, so that every pound goes further for public services.
With this in mind, the Government Commercial Function has launched a learning and development programme for those impacted by these changes, including contract managers. Understanding these changes is important, and managing the evolving requirements effectively can be complex - that's where we can help!
How we can help
At Procurement Services Lifecycle, we recognise that this requires thinking beyond cost savings, and focusing more on measurable outcomes that deliver long-term value.
We've helped public sector bodies like yours manage thousands of contracts across hundreds of suppliers, delivering measurable savings and enhanced supplier performance. Our comprehensive service gives you complete oversight, allowing your internal teams to focus on higher-priority initiatives while we manage the complexity.
Over the years, we've developed a proven strategy to make sure you get the most from your contracts.
You can benefit from:
- Reduced overall spend
- Fully compliant procurements
- Timely and efficient procurement processes
- Expanded resource and value across your team
- Use of an effective contract
At the core of our service is proactive contract management. We ensure that your contracts are renewed on time, aligned with your organisation's goals and consistently driving efficiency. By optimising each contract, we help you avoid value loss and capture financial benefits throughout the contract lifecycle.
In addition to driving cost savings, we also provide robust supplier performance management. Our team monitors your suppliers to ensure:
- They meet all performance targets
- They deliver contractual obligations
- They are fully compliant
- They drive long-term success
With our deep expertise and hands-on-approach, you can trust that your contracts are working for you - delivering savings, improving accountability and ensuring sustainable outcomes.
Want to find out more about how we can support your organisation in managing your contracts and being prepared for the new Procurement Act?
Get in touch with us today at joanna.donohue@csltd.org.uk