Procurement law post Brexit – does anything change for procurement practitioners at 11pm tonight?
At 11 o’clock tonight, the UK will leave the European Union. At that point, the Transition Period will kick in and apply until 31 December 2020.
Therefore, on a practical level, nothing changes immediately for procurement professionals once we have left the European Union. The Public Contracts Regulations 2015 will continue to apply.
There has been significant debate about what the future may hold. Much will depend on the outcome of the trade negotiations. Rather than try and predict the future, once we know more about the future of procurement law, we will write again to update you.
Until then, it is business as usual.
If you would like to contact to a member of the procurement team please click on the links on the right handside.