Procurement Rules Set to Be Overhauled as Ministers Lay Out Infrastructure Plans
- Firms boosting British jobs will be prioritized for major contracts under new procurement rules, according to Pat McFadden.
- Public bodies must consider job creation and skills enhancement in bids for major contracts, as outlined in the Cabinet Office proposals.
- The Treasury has committed at least £725 billion for infrastructure projects over the next decade, aiming for community benefits and new job opportunities.
- Rachel Reeves criticized past governments for neglecting infrastructure, emphasizing the need for change to support economic growth.
18 Articles
18 Articles
Ministers unveil £725bn infrastructure plan as Reeves vows to rebuild 'crumbling' schools and hospitals
Ministers are to unveil their plan to overhaul infrastructure over the next decade as Rachel Reeves said the country's schools and hospitals have been "left to crumble".
Firms who boost British jobs will be first in line for big infrastructure contracts - The Mirror
Pat McFadden, the Chancellor of the Duchy of Lancaster, will launch a consultation on an overhaul to procurement rules to make creating high quality British jobs and boosting skill in local communities key requirements for companies bidding for big projects.
Govt eases funding rules for R&D, research heads can now approve global tenders up to Rs 200 crore
New Delhi, June 15 (SocialNews.XYZ) In a major boost to India’s research and innovation sector, the government on Sunday announced key reforms to ease financial restrictions and improve the day-to-day functioning of academic and research institutions. One of the biggest changes is that heads of research institutions will now be allowed to approve global tenders up to Rs 200 crore without requiring multiple layers of approval. This move is expect…
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