Commercial Growth
Procurement Act 2023 in Practice: What Buyers and Suppliers Must Change
The Act rewards evidence of performance and social value over lowest price. What public buyers, SMEs and larger suppliers must change in bids and contracts. The report sets out the considerations and practical implications discussed in the article.
- Format
- PDF · 14 pages
- Published
- Published Oct 2026
- Article
- Read the article
What's inside
- 01The Act changes how the public sector buys, not how much, so the prize stays large
- 02Pipeline and pre-market notices turn forward visibility into a competitive advantage
- 03Award is moving to most advantageous tender, and social value has to be evidenced
- 04Contract management becomes a duty, with performance made public
- 05SME access has improved on paper, but the spend share has barely moved