Changes to public sector procurement and unlocking new opportunities

This webinar is specifically designed to help SMEs navigate the public sector procurement landscape and win new work. It will feature a panel of procurement and bid management experts who will guide you through the changes to public sector procurement regime and reveal how you can take advantage of these changes.

Why this webinar is crucial for SMEs

To simplify the public sector procurement process, reduce bureaucracy, and foster a fairer system, the Government has reviewed and revised the public sector procurement regime. These changes aim to level the playing field, enabling SMEs to compete more effectively for public sector contracts. This presents an exciting opportunity for those businesses already bidding for new public sector work and those that would like to find out how they can target public sector contracts to help grow their business in 2024 and beyond.

What will you learn?

Our panel of experts from the legal sector, bid management, and trade credit management will cover:

• Understand the new public sector procurement regime: how it impacts SMEs bidding for new work and the potential impact of a new Labour Government, including:
  • what the simplified bid writing process looks like and how to navigate it;
  • how the new transparency provisions throughout the life of a public sector contract might assist SMEs and how to maximise that benefit;
  • where to look to for guidance and certainty during the inevitable national period of uncertainty and adjustment as the new Act is implemented;  
  • how a new Labour Government may shape public procurement through the publication of a National Procurement Policy Statement; and
  • what benefit might SMEs glean from the new obligation for contracting authorities to consider and remove where possible barriers to SMEs bidding for regulated below threshold contracts.
• How the new changes represent an opportunity for your business to win new work: get to grips with what the regime changes mean for SMEs bidding for new work and how the changes will make opportunities more attractive to SMEs. We will also cover the introduction of a central platform where you submit information required in a procurement process and the requirement for awarding bodies to provide more feedback to bidders.
• Challenging contract award decisions: our panel will share effective strategies for appealing decisions.
• The role of trade credit ratings in the bidding process: understand the crucial role of trade credit ratings in the bidding process, why company credit ratings matter, and the credit rating landscape in the UK.