Lord Frost has highlighted a Brexit win that could mean better value for money (Image: PA)

       Brexiteer Lord Frost has highlighted a Brexit win that could mean better value for money from the ￡300billion the Government spends on goods and services every year.

       He believes that over the years “all sorts of things have gone badly wrong” in procurement because of the EU’s “regime”.

       The former Brexit minister pointed to Robert Colvile’s opinion piece in The Sunday Times, which explains how EU rules affected supplier choices. He said: “Partly because of EU rules, government procurement policies banned departments from telling one another about their experiences with a given supplier or system, lest it should prejudice future buying decisions or disadvantage new suppliers.”

       Post-Brexit, Lord Frost said Britain wanted “out” of the EU’s “absurdly restrictive and complex” rules.

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       Don't miss... Brexiteer issues 'get out now' warning over EU red tape

       Lord Frost believes things have gone 'badly wrong' over the years because of the EU procurement 'regime' (Image: PA)

       He said: “One of the little commented-upon aspects of the 2020 TCA [The EU–UK Trade and Cooperation Agreement] negotiations was procurement. We knew we wanted out of the EU's absurdly restrictive and complex rules. The EU did not want to let us go, for all the usual reasons. This was quite a battle and we eventually agreed some articles in the TCA that were entirely optical, allowing us to proceed at a national level.”

       The Procurement Act, passed last year, aims to make it easier for past performance to be considered when contracts are issued.

       The four main roles of procurement are sourcing, negotiation, contract management and supplier relationship management. These activities require a strong understanding of market trends, organisational objectives, and supplier capabilities to ensure success.

       The Government states that the new Procurement Act will “benefit suppliers of all sizes, particularly start-ups, scale-ups and small businesses”.

       It hopes to create a central digital platform for suppliers to register and store details so that they can be used for multiple bids, and see all opportunities in one place. Simplified bidding processes will make it easier to bid, negotiate and work with the public sector.

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       The Procurement Act hopes to “level the playing field” for smaller businesses to compete, to hopefully drive innovation and better outcomes. The Government expects the regime to go live in October 2024.

       Writing on X, formerly known as Twitter, Lord Frost said this was an “excellent first step”, but added there was no reason why more legislation could not follow.

       He added: “It is a post-Brexit reform that has slipped under the political radar because of its rather technical nature, but it's an important first stage in getting better value for the ￡300billion+ Government spends every year.”

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