The Competition and Markets Authority (CMA) published two papers aimed at improving public procurement in the UK to support economic growth and innovation, while addressing issues like bid rigging.
Key takeaway
CMA issues new guidance to strengthen UK public procurement against bid rigging and promote innovation.
- Step 1 · The triggerthe CMA publishes guidance to strengthen public procurement rules, targeting bid rigging and promoting innovation
- Step 2 · Knock-ongovernment procurement teams shift award criteria to favour compliant and innovative suppliers, raising entry standards
- Step 3 · Knock-onSMEs with strong compliance and innovation credentials gain a competitive edge in public tenders, while legacy or collusive suppliers lose share
- Step 4 · Reaches youthe SME's revenue and contract pipeline are directly affected by their ability to meet the new procurement criteria
The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.
Source: Competition and Markets Authority
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