As the end of 2020 beckons, we take a look at what progress the Sterling market has made in its preparations for the end of the London Interbank Offered Rate (LIBOR) on 31 December 2021.
Having received the approval of both the European Commission and Parliament in January, and promises of swift implementation by the Cabinet Office, we have had a wait to see the Directives published. But now, following their publication in the Official Journal of the EU (“OJEU”) today, we can at last say that the expected new EU procurement regime will come into force on Thursday 17th April.
The new regime includes three Directives:
- Directive 2014/23/EU on the award of concession contracts
- Directive 2014/24/EU on public procurement (and repealing Directive 2004/18/EC)
- Directive 2014/25/EU on procurement by entities operating in the water, energy, transport and postal services sectors (and repealing Directive 2004/17/EC).
Cabinet Office has two years from 17th April but, even with the delays in Europe, we still expect their timetable to be much shorter. They will keep us abreast of their developments here: https://www.gov.uk/transposing-eu-procurement-directives and will be continuing the discussion and consultation process they have already begun (and in which we are participating).
There are some significant changes introduced by the new public sector Directive, not least a new “light touch” regime for some “social” services, which replaces the current Part B, an increased focus on social and environmental matters in procurement; and codification of key pieces of case law from recent years - including a detailed test for a 'Teckal' company, and rules governing when a material change to a contract requires a new procurement exercise.
We will be providing training on the new public sector Directive (Directive 2014/24) during the course of this year. Click here for more information on our procurement and other training sessions, offered free for clients.
For more information
For more information on the new Directives, the Cabinet Office’s discussion, consultation and implementation programme, or any other aspect of public procurement, please contact Gayle Monk on email@example.com, Mark Cook on firstname.lastname@example.org, Andrew Millross on email@example.com or your usual contact within Anthony Collins Solicitors.
Finally, there is a glimmer of hope that perhaps the Covid-19 pandemic could be reaching its end.
For part 2 in this series of short podcasts, Chris Lloyd-Smith interviews senior associate Lisa Whitehouse on how she has been coping during these unprecedented times.
Delayed since Spring 2020 as the Government tackled the Covid-19 crisis, Tuesday 17 November saw the publication of the Social Housing White Paper, setting out the future regulation of the sector
In this ebriefing, we examine how the duty holder regime will apply to social housing providers with existing HRRBs in their housing stock.
Following Katherine's "heads up" last week, the Government has now confirmed that for claim periods post 1 December, employers will not be able to claim for employees who are serving their notice
For part 1 in this series of short podcasts, Chris Lloyd-Smith interviews solicitor Puja Desai on how she has been coping during these unprecedented times.
Over 100 trainees and future trainees from Birmingham joined the BTSS for a webinar to address concerns around training remotely and qualifying during a possible recession.
Anthony Collins Solicitors has supported Birmingham-based Complete Care Holdings in its acquisition of Amegreen Complex Homecare Ltd.
The Guidance for the extended Coronavirus Job Retention Scheme (CJRS) was released last night on 10 November 2020. We thought we knew what we were expecting or so we thought...
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