The video provides an update on the Procurement Act 2023, highlighting the shift from EU directives to a more tailored UK procurement regime post-Brexit. It discusses key features, such as objectives like value for money and public benefit, transparency, integrity, and fair treatment of suppliers.

The ACT emphasizes that the most advantageous tender is not solely based on economic factors but also on meeting the Contracting Authority's requirements and award criteria. Tenders failing to meet participation conditions or procedural requirements can be disregarded, including those from excluded suppliers.

The ACT emphasizes that the most advantageous tender is not solely based on economic factors but also on meeting the Contracting Authority's requirements and award criteria. Tenders failing to meet participation conditions or procedural requirements can be disregarded, including those from excluded suppliers.