Government procurement overhaul
The government has outlined its plans to overhaul procurement rules, cutting red tape and making it easier for smaller businesses to win government contracts.
The government said the measures will “transform the current procurement regime to put value for money at the heart of the new approach, by allowing more flexibility for buyers, enabling government to be more strategic and save the taxpayer money.” The government hopes this will also drive increased competition through much simpler procurement procedures.
Cabinet Office Minister, Lord Agnew, said, “The measures outlined today will transform the current outdated system with new rules, providing flexibility to the public sector and less burden on business.
“These long standing plans have been developed with international procurement specialists and will help unleash innovation across the country and provide a fairer system for small businesses.”