A key revenue stream for many businesses is contracting for public authorities, and public procurement does not finish with the award of a contract: navigating public procurement laws is needed at all stages of a contract lifecycle. The laws relating to publicly procured contracts present their own specific legal and commercial challenges for the businesses involved. With the changes to the public procurement regime introduced by the Procurement Act 2023, we are well placed to advise businesses on how to protect their interests and reap the benefits of these adjustments.
Our team has deep knowledge across our key sectors and uses this to advise clients on profitable public contracts in industries like healthcare and life sciences, real estate and information technology. We combine this knowledge with extensive public procurement expertise, meaning we are well positioned to support you throughout the procurement lifecycle, from early market engagement with public authorities, through the tender process, and contract negotiations. Our extensive public procurement disputes experience means we are also well placed to ensure your interests are protected both during the procurement process itself and at award stage.
In this series we take a look at some of the topical matters of interest for clients arising from the new public procurement regime introduced by the Procurement Act 2023. The article series will examine the new powers awarded to public bodies for investigations and debarment, discuss the impact on the life science sector, and address issues around preliminary market engagement and contract management. We will also highlight implications for real estate developments, consider the basis for challenging contract awards and the impact of the new act on procurement of defence technology.