The three new EU Directives on public procurement utilities procurement and concession contracts were published in the Official Journal of the European Union today and will come into force on 17 April 2014. The notice and the published versions of the new Directives are available here.
The UK now has until 17 April 2016 to implement the Directives into our own Regulations. But this is a long stop date and the Cabinet Office's stated intention is to work to an expedited timetable for implementation so we could see the new UK Regulations coming into force by the end of this year.
The wide-ranging reforms in the new legislation including a brand new regime for the procurement of concession contracts brings with it the need for both buyers and suppliers alike to quickly adapt their policies procedures and documentation to align with the new legislation its concepts and provisions.
The Mills & Reeve Procurement Team will be closely tracking developments as we progress to UK implementation. Counting down the months and days watch this space and our Procurement Portal for regular updates practical tips and tools and once the draft Regulations are available and in near final form client training to help you plan prepare and be ready for the new rules.