Lexology has run an article in the run up to the July 2018 deadline when the Federal Procurement Act 2018 will enter into force finally replacing the Federal Procurement Act 2006. It’s now more than two years since the transposition and more than one year after publication of the first transposition draft, and now enforcement will come into play. “Mandatory electronic procurement, new procedures and procurement methods and the compelling best-bidding principle are just a few examples of the numerous innovations that will fundamentally change the procurement process and practice,” it says. Clients and bidders should therefore urgently and intensively familiarise themselves with the new legal framework. All of which you can read about on the Lexology website.
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