Understanding the Public Procurement Act & Draft Public Procurement Regulations

The Public Procurement Act introduced a new framework for public procurement in South Africa.

The Draft General Public Procurement Regulations are intended to bring that framework into operation, setting out how procurement processes, evaluation criteria, preferential procurement measures, governance requirements and contract management practices may be applied in practice.

For organisations that currently supply goods or services to government institutions, or intend to participate in future procurement opportunities, these developments are important to understand.

The Regulations do more than support implementation of the Act. They provide insight into government’s broader vision for public procurement and the direction in which the procurement environment is moving.

This session explores the purpose and intent of the new framework, the relationship between the Act and the Regulations, and the practical implications organisations should begin considering as implementation approaches.

What You’ll Learn
• The New Procurement Framework and the role of both the Public Procurement Act and Draft Regulations.
• Understanding the Draft Regulations and the key areas they seek to regulate.
• The Role of Preferential Procurement within the future procurement environment.
• Potential Implications for Suppliers and Bidders participating in public procurement.
• Preparing for What Comes Next by understanding the direction of travel and the next considerations.

Who Should Join
– Business Owners and Executives
– Procurement and Supply Chain Professionals
– Bid and Tender Managers
– Legal, Governance and Compliance Professionals
– Transformation and B-BBEE Practitioners
– Organisations supplying, or seeking to supply, goods and services to government.

👉 Reserve your seat today.
Understanding the Act is one thing. Understanding where the procurement environment is heading is another.