Public Contracts Regulations

Public Contracts Regulations are rules in the UK that govern how public authorities, like government departments and local councils, procure goods and services. They aim to ensure transparency, competition, and value for money in public spending. These regulations set out the procedures for advertising contracts, inviting bids, and selecting suppliers, ensuring that contracts are awarded in a fair and open manner. This helps prevent corruption, promotes fairness among businesses, and allows taxpayers to see that their money is being spent responsibly.