All set for the Brexit dividends Bill: Government wants to ‘rip up EU regulations’ and ‘unleash opportunities’ for small businesses
MPs are due to begin debating a Bill today that the Government claims will ‘rip up bureaucratic EU regulations’ and ‘unleash opportunities’ for small businesses.
The Cabinet Office said the Procurement Bill will make it easier for firms to win contracts for more of the £300billion worth of goods and services purchased by the Government each year.
Simple: MPs are due to begin debating a Bill that the Government claims will ‘rip up bureaucratic EU regulations’
It claimed the plans will ‘simplify four sets of laws into one’ and introduce new rules to help the procurement of vital goods in emergencies.
These include creating a single website where firms can register for work, and improving payment processes.
The rules will also exclude suppliers who previously underperformed as well as any involved in modern slavery.
‘This Bill will seize the opportunity presented by Brexit to rip up outdated rules, increase opportunities for smaller companies and deliver better value for public money,’ said Jeremy Quin, minister for the Cabinet Office.