As the regulatory landscape evolves, the utilities sector is poised to navigate through one of the most significant shifts in procurement law in recent history.
Watch our on demand webinar where we discuss how to achieve “business continuity insurance” for your procurement processes amidst the rollout of the Procurement Act 2023. Learn how leveraging existing tools can prevent operational disruptions and ensure seamless contract awards from day one of the new regulations.
While the Act’s implementation has been delayed beyond the initial October 2023 timeline, this provides an extended opportunity to thoroughly prepare for the upcoming changes. The delay should be seen not as a reason for complacency, but as a chance to refine processes, engage more deeply with suppliers, and align procurement strategies with the new regulatory requirements.
Agenda:
Regulatory Insights with Pam Brown
Pam Brown, Chair of UVDB and Cabinet Office Single Point of Contact for utilities, will discuss the collaborative efforts and strategic planning involved in the rollout of the new regulations. She will also share insights into how utilities can best prepare and utilise available resources for compliance.
Operational Strategies for Compliance with Ian Wiseman
Ian Wiseman, Senior Sales Consultant – Utilities Sector, will take a deep dive into practical strategies for regulated utilities to align with the new regulations. He will discuss challenges of navigating PA23, particularly the challenges around the possible delays in awarding contracts on day one and how to circumvent these challenges by mitigating the risk of costly delays to procurement contracts.
Enhancing Compliance While Managing Risk with Tom Robinson
Tom Robinson, VP of Community Growth, will address the strategic approaches Achilles is adopting to support utilities. This segment will focus on how to use these strategies to ensure stability and compliance, thereby reducing potential risks and unforeseen costs.
Webinar Learning Outcomes:
- Avoiding Disruption: Ensure your procurement process is uninterrupted on the day the new Procurement Act is enacted.
- Seamless Transition: How to utilise existing frameworks to bridge the gap between old and new regulations, allowing for continuous contract awards.
- Strategic Advantage: Gain insights into what you can do right now to can save time, reduce administrative burdens, and mitigate risks associated with the transition to the Procurement Act 2023.
Ensure that your organisation is not only prepared to meet the new regulations but also positioned to thrive in an evolving procurement landscape
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