Frameworks and below threshold contracts explored in Procurement Friday’s

Friday 25th April marked the much-anticipated return of the Echelon Group’s Procurement Friday series, facilitated by procurement law expert Kieran McGaughey, which was attended by over 400 people.

This session was the first in the newly revived series, which is designed to help organisations navigate the complexities of the new Procurement Act and focused on below threshold contracts and frameworks – two critical areas under the new regulations.

Kieran also took a more in-depth look at:

Contract Value Calculation: With an emphasis on accurate calculations, Kieran highlighted the importance of estimating total, maximum value, including options and extensions, alongside new rules for contracts with unknown durations.

Suitability and Selection: He outlined the need for a single-stage process below threshold, with no separate stage for assessing supplier suitability (clarifying exceptions for higher-value works contracts)

Notices and Publication: Kieran delved into the requirements for publishing tender and contract details notices below-threshold, specifying thresholds for central and local government.

Prompt Payment Terms: The session addressed the new calculation method for the 30-day payment term, now based on the invoice receipt date, urging updates to internal processes and contract terms.

Frameworks: Common issues and practical tips were shared to ensure compliance, with a spotlight on the new open framework concept introduced under the Procurement Act.

Practical Advice for Effective Procurement:

Kieran provided actionable tips, from using pro-customer contract terms and managing conflicts of interest to ensuring proper debriefing and contract management practices. He also stressed the importance of legal input when completing call-off orders, avoiding potential compliance pitfalls.

The next session in the series will take place on Friday 6 June at 10am.