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Plain-language definitions of every UK Procurement Act 2023 Terminology term that shows up in government tender work.
An above-threshold contract is a public contract whose estimated value meets or exceeds the financial thresholds set under the Procurement Act 2023, triggering the full suite of competitive tendering obligations, mandatory notice publication, and bidder remedy rights.
Read definitionAn assessment summary is a written document that contracting authorities in the UK must provide to each unsuccessful bidder under the Procurement Act 2023, explaining how the bidder's tender was scored against the published award criteria and how those scores compared to the winning bid.
Read definitionAward criteria under the Procurement Act 2023 are the published factors and their weightings that a contracting authority uses to evaluate compliant tenders and identify the Most Advantageous Tender (MAT), which must be linked to the subject matter of the contract and published before the competition opens.
Read definitionA below-threshold contract is a public contract whose estimated value falls below the financial limits that trigger the full requirements of the Procurement Act 2023, giving contracting authorities greater procedural flexibility while still requiring compliance with basic transparency and fairness obligations.
Read definitionA closed framework is a traditional multi-supplier arrangement under the Procurement Act 2023 where supplier membership is fixed at the award stage and no new suppliers may join during the framework's life, which is capped at four years.
Read definitionA competitive award is the award of a contract or framework call-off following a process in which two or more suppliers have submitted tenders and been evaluated against published criteria, representing the default and preferred method of awarding public contracts under the Procurement Act 2023.
Read definitionThe Competitive Flexible Procedure is a new procurement procedure introduced by the Procurement Act 2023 that gives contracting authorities broad latitude to design a bespoke multi-stage competition, enabling negotiation, dialogue, and iterative refinement in ways not permitted under the standard open procedure.
Read definitionA contract details notice is a mandatory post-award notice published under the Procurement Act 2023 that records the outcome of a procurement competition, identifying the winning supplier, the contract value, and key terms, replacing the contract award notice used under the previous regulations.
Read definitionA contracting authority under the Procurement Act 2023 is a public body or entity subject to the Act's procurement obligations, defined broadly to include central government departments, local authorities, NHS bodies, maintained schools, and other entities that are publicly funded or publicly controlled.
Read definitionA covered buyer is any organisation within the scope of the Procurement Act 2023 that is required to follow the Act's rules when procuring goods, services, or works, encompassing contracting authorities, utilities, and defence authorities listed in the Act's schedules.
Read definitionCovered procurement refers to any public procurement process that falls within the scope of the Procurement Act 2023, meaning it is conducted by a covered buyer, relates to an eligible contract type, and meets or exceeds the applicable financial thresholds.
Read definitionA defence authority contract is a contract awarded by a contracting authority in the field of defence and security, subject to specific provisions in the Procurement Act 2023 that balance the need for competition with national security requirements and the sensitivity of military procurement.
Read definitionA devolved Welsh authority is a category of contracting authority under the Procurement Act 2023 that is subject to Welsh devolved competence, requiring it to have regard to Welsh Government procurement policy in addition to the Act's standard requirements.
Read definitionA direct award is the award of a contract to a specific supplier without running a competitive tendering process, permitted under the Procurement Act 2023 only in defined exceptional circumstances that must be documented in a published direct award justification notice.
Read definitionA direct award justification is a formal notice published under the Procurement Act 2023 that documents the specific statutory ground on which a contracting authority is awarding a contract directly to a named supplier without running a competitive process.
Read definitionA dynamic market is the Procurement Act 2023 replacement for the EU dynamic purchasing system, a continuously open pre-qualification arrangement that any supplier meeting the selection criteria may join at any time, giving buyers access to a refreshed pool of pre-vetted suppliers for repeated purchases.
Read definitionImplied payment terms are standard payment conditions written into public contracts by operation of the Procurement Act 2023 where the parties have not expressly agreed otherwise, ensuring that suppliers and their subcontractors are paid within 30 days of a valid invoice throughout the supply chain.
Read definitionKey Performance Indicators (KPIs) in procurement are measurable metrics that contracting authorities must define and publish for contracts above GBP 5 million under the Procurement Act 2023, tracking supplier performance against contracted commitments and creating a public record of how major contracts are being delivered.
Read definitionThe Most Advantageous Tender (MAT) is the basis on which contracting authorities must award contracts under the Procurement Act 2023, replacing the EU-derived Most Economically Advantageous Tender (MEAT) concept and allowing a broader range of qualitative and public-interest factors to inform the evaluation.
Read definitionThe National Procurement Policy Statement is a statutory document issued by the UK government under the Procurement Act 2023 that sets national priorities for public procurement, which all contracting authorities must have regard to when planning and carrying out procurement exercises.
Read definitionAn open framework is a new type of multi-supplier arrangement introduced by the Procurement Act 2023 that allows new suppliers to join at regular intervals throughout the framework's life, unlike closed frameworks which fix membership at the outset.
Read definitionA pipeline notice is a forward-looking publication required under the Procurement Act 2023 for contracting authorities planning to spend more than GBP 100 million in a financial year, listing each planned procurement with estimated values and indicative timescales to help suppliers plan ahead.
Read definitionA planned procurement notice is an advance notice published under the Procurement Act 2023 that signals an upcoming competition before the tender notice is issued, allowing suppliers to prepare and enabling the buyer to reduce the minimum tender period when the competition launches.
Read definitionThe Procurement Act 2023 is the primary UK legislation governing public procurement from February 2025, replacing the 2015 Regulations and consolidating rules for goods, services, works, utilities, and concessions into a single statute focused on transparency, value for money, and broader supplier access.
Read definitionThe procurement objectives are a set of statutory principles in the Procurement Act 2023 that all contracting authorities must have regard to when carrying out covered procurement, including delivering value for money, acting in the public interest, and treating suppliers with fairness and transparency.
Read definitionA procurement termination notice is a notice published under the Procurement Act 2023 when a contracting authority decides to abandon a procurement competition before a contract is awarded, informing all participants that the process has ended and setting out the reasons for the decision.
Read definitionSupplier exclusion grounds are the circumstances under the Procurement Act 2023 in which a contracting authority must or may exclude a supplier from a procurement competition, covering criminal convictions, serious misconduct, insolvency, poor past performance, and national security concerns.
Read definitionA tender notice is the formal public advertisement published on Find a Tender under the Procurement Act 2023 that opens a procurement competition, setting out the subject matter, estimated value, procedure type, selection criteria, and award criteria that suppliers need to participate.
Read definitionA transparency notice is a notice published under the Procurement Act 2023 before a direct award is made, alerting the market that a contract is to be awarded without competition and giving potential challengers at least 10 days to raise concerns before the contract is signed.
Read definitionA utility activity under the Procurement Act 2023 is an activity in the sectors of water, energy, transport, or postal services carried out under a special or exclusive right granted by a public authority, triggering the utilities procurement regime with its higher thresholds and more flexible procedures.
Read definitionSee how Bidovate turns these government tender terms into pipeline. Explore the platform or book a 15-minute demo.
