The Procurement Act: A Due Diligence Guide for Public Sector Buyers

By on 22/02/2024 | Updated on 22/02/2024

The Procurement Act 2023 is expected to come into force in England in October 2024. Download this guide to understand the levels of due diligence assessment required by contract level and how to access the data you need.

Procurement law in England is about to undergo wide transformation through the Procurement Act 2023. The new Act received Royal Assent in October 2023, and is expected to come into force in October 2024. It promises to make public sector procurement more simple, efficient, and transparent. Benefits will also include lower procurement risk and increased opportunity for SMEs.

This guide from Dun & Bradstreet provides an overview of the key elements of the Act and the due diligence you will need to carry out.

Download your copy today to learn:

  • The changes and benefits the Act is expected to bring to the public and private sectors
  • How to understand which suppliers are SMEs and capitalise on the opportunity they offer
  • The importance of understanding the Economic and Financial Standing (EFS) of suppliers in understanding risk and selecting vendors
  • How the type of due diligence assessment required differs by contract type (Bronze, Silver and Gold)
  • How Dun & Bradstreet’s leading global business data can help you keep supplier due diligence as streamlined and efficient as possible and make smart decisions on third parties.

Complete the form below to download the Guide

The Procurement Act: A Due Diligence Guide for Public Sector Buyers

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