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Government aims to unleash innovation with procurement overhaul

Government aims to ‘unleash innovation’ with procurement overhaul A government greenpaper sets out changes to simplify buying in the public sector and to benefit small and medium businesses Share this item with your network: By Published: 17 Dec 2020 10:15 New rules set out by the UK government will introduce changes to the public sector procurement regime, with the aim of simplifying the process, removing bureaucracy and enabling smaller businesses to win more contracts. The plan, which has been devised with the UK’s departure from the European Union, proposes a transformation in how the government buys £292bn worth of products and services annually from the private sector.

MIL-OSI UK: New plans set out to transform procurement, providing more value for money and benefitting small business

MIL-OSI UK: New plans set out to transform procurement, providing more value for money and benefitting small business
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New plans set out to transform procurement, providing more value for money and benefitting small business

New plans set out to transform procurement, providing more value for money and benefitting small business New plans to overhaul procurement rules, cutting red tape and making it easier for smaller businesses to win government contracts have been launched today. From: 15 December 2020 Green paper will set out long-planned changes to UK’s procurement rules, putting value for money and transparency at the heart of the new approach Plans will cut red tape, reduce bureaucracy and help unleash wider social benefits from public money spent on procurement New rules for lower value contracts will allow more UK based SMEs to win government business

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