Public Contract Regulations (UK)

The Public Contracts Regulations in the UK govern how public sector organizations, such as government departments and local authorities, purchase goods, services, and works. They aim to ensure fair competition, transparency, and value for money, while preventing corruption and unfair practices. These regulations set out procedures for tendering, awarding contracts, and managing supplier relationships, applying to contracts above certain thresholds. They also promote equal treatment of suppliers and encourage sustainable and innovative procurement practices, ensuring public money is spent efficiently and ethically.