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Contract management is an essential part of the public sector tendering process. Choosing the best contract management software enables contracting authorities to monitor contracts with all their suppliers, ensuring that terms and conditions are being adhered to and that all parties are carrying out their responsibilities. In fact, effective contract

United we stand. Divided we fall. That’s a great way to summarise the importance of buyer-supplier relationships in business world and public sector procurement. Buyers and suppliers who work together achieve much more than either working alone. Collaboration like this has many benefits, including: Enhanced innovation Sharing expert knowledge can

Did you know that in 2023, procurement framework agreements in the public sector amounted to £31.6 billion? That’s a significant investment. One that’s well worth pursuing for buyers and suppliers in the public sector. In essence, public sector framework agreements are a relatively quick and easy way for contracting authorities

Procurement reform in the UK, via the new Procurement Act 2023, is shaking up public sector procurement. While there are many changes, the most significant are simplifying and streamlining procurement processes. We have Brexit to thank for this simplification because it enabled the UK government to repeal “over 350 individual

The UK Autumn Budget 2024 is upon us, with a lot of speculation about what changes it will bring, some of which will have a direct (and indirect) impact on procurement. To start with, Chancellor Rachel Reeves has already warned the country that there will be some ‘tough decisions’ as

The much anticipated Procurement Act 2023 has been pushed back to the 24th of February 2025, but that doesn’t mean buyers and suppliers can hang up their coats and wait for the live date to come around. Far from it. This is the time when they pick up the pace

The Crown Commercial Service (CCS) is a government body that supports and facilitates UK public sector procurement. Most tender opportunities in the UK are published on Crown Commercial Services, including framework-based contracts. It covers most industries and sectors.  The Crown Commercial Service Framework is specifically for framework agreements. Pre-approved suppliers

Contract Lifecycle Management (CLM) is a process that manages contracts from creation to renewal or termination. Contract management is useful for many reasons, from reducing risks to nurturing strong supplier relationships, but it can also be complicated. This is especially true for large contracts or contracts with complex procurement requirements.

Public sector procurement isn’t a haphazard process that you can bumble through until you award a contract. There is a procurement cycle that must be followed. Although procurement process flow well, having said that, the cycle isn’t set in stone. You have some leeway to adapt the cycle to suit

Primarily, supplier management involves monitoring supplier performance, measuring it against KPIs, and nurturing long-term relationships with suppliers who meet or, preferably, exceed expectations. It’s also how you identify poorly performing suppliers so you can remove them from your supply chain. Managing supplier relationship is important because it enables you to

A lot has been said about the Procurement Act 2023, but there hasn’t been much focus on the Public Contracts Regulations 2015 (PCR 2015). This is largely because they remain unchanged under the new Act and this is because they are still relevant in public procurement, meeting or providing for