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BREXIT MEANS WE RUN OUR OWN COUNTRY AGAIN

Summary:

Changes brought into effect immediately after formally exiting the EU transition period, allow for public services procurement to be reserved below a given threshold, so that only local businesses and suppliers are able to tender for the contract – ensuring that smaller tenders for local improvements are provided by local businesses where possible, keeping investment in the local area.


Explanation:

During the referendum reforming and simplifying our public procurement rules, so that the public sector can buy more local goods and services, was an attractive issue for many people involved in local and central government. Changes brought into effect immediately after formally exiting the EU transition period, allow for public services procurement to be reserved below a given threshold, so that only local businesses and suppliers are able to tender for the contract – ensuring that smaller tenders for local improvements are provided by local businesses where possible, keeping investment in the local area.


Reference: https://www.mayerbrown.com/-/media/files/perspectives-events/publications/2021/01/uk-public-procurement-postbrexit.pdf


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