This announcement about the coalition government's new initiative to increase transparency will be of interest to all those involved in public sector procurement in particular the new requirement to publicise details of all central government contracts valued over £10,000 and all local government contracts valued over £500.
Note that these are requirements to publicise these details after the award and not a requirement to advertise these very low value contracts. (The normal procurement regime on over and under threshold contracts will of course continue to apply).
Here are the key requirements:
Central government spending transparency
- Historic COINS spending data to be published online in June 2010.
- All new central government ICT contracts to be published online from July 2010.
- All new central government tender documents for contracts over £10,000 to be published on a single website from September 2010 with this information to be made available to the public free of charge.
- New items of central government spending over £25,000 to be published online from November 2010.
- All new central government contracts to be published in full from January 2011.
- All UK international development spending over ?25 000 to be published online from January 2011.
Local government spending transparency
- New items of local government spending over £500 to be published on a council-by-council basis from January 2011.
- New local government contracts and tender documents for expenditure over £500 to be published in full from January 2011.