On Wednesday 12th May 2022 the Procurement Bill was introduced in the House of Lords, following the Queen’s Speech on Tuesday. This is at the second reading stage so may change substantially. The text of the Bill and other accompanying documentation is available on the Parliamentary website here.
In addition you can now register for one of the webinars hosted by Cabinet Office to talk through the proposals within the Bill:
The bill marks the beginning of the legislative process. The Bill will take several months to complete its passage through Parliament. When it receives Royal Assent, it will become an Act. Then secondary legislation in the form of Regulations will be needed to bring the regime into effect.
Remember, the Public Contracts Regulations 2015 apply until the new regime goes live, and will also continue to apply to procurements started under the old rules. Cabinet Office have committed to giving a minimum of six months’ notice before ‘go-live’. Guidance will be provided to cover the transition from the old to the new regulations. There is a Procurement Bill Factsheet, a top lines factsheet which is publicly available on GOV.UK.