The Cabinet Office recently published a new policy paper entitled Transforming Public Procurement – our transparency ambition which builds on the Green Paper Transforming Public Procurement, the follow-up consultation and more recently the Procurement Bill.

The policy paper is broken down into six chapters, exploring how the government wants to expand on the information it reports on to further improve their procurement transparency.

The government’s goal is to create a transparent public procurement system that everyone can view, search and thereby understand where and with whom public money is being spent. By delivering this digital platform, the government hopes to open opportunities to small businesses across the UK and therefore deliver better procurement outcomes, value for money, collaboration, innovation and identify cost savings within their overarching procurement strategy.

A useful summary may be found here:

SOURCE