The UK’s exit from the EU brings freedoms around contract spend on goods, services and works contracts. A key change is that you can now limit suppliers in certain tenders and be free to ‘Buy British’ only.
Which tenders does this apply to?
This change applies to ‘below threshold’ tenders, which are goods/services valued under £189,330 or works valued under £4,733,252.
You can now limit suppliers by location and type
Be aware that you cannot limit for a nation of the UK (i.e., England, Scotland, Wales or Northern Ireland). This does not apply in certain circumstances in Northern Ireland and you will need to seek advice on this.
What this means for you
For free support on managing your contracts, access to readymade contracts and being compliant, contact Education Buying’s Category Specialist, Ben McGirr [email protected].