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Key definition
Contract definition

What does Contract mean? In legal practice, a contract is the enforceable agreement by which parties set out promises and allocate risk, whether made orally, in writing or by conduct. The law of contract is principally case-law driven across England & Wales, Scotland, Northern Ireland and Ireland, with statutory interventions on formalities, construction and consumer protection. In England & Wales, Northern Ireland and Ireland, formation generally requires offer, acceptance, consideration and an intention to create legal relations. In Scotland, consideration is not required; a contract is formed by agreement (consensus in idem) with the necessary intention, with writing only needed in defined cases. Key features...

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Prompt payment of subcontractors in public sector procurements: PCR 2015 and Procurement Act 2023 duties, e-invoicing, SME measures and PPN guidance, with model clauses

Practice notes
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Boilerplate provisions in public Sector contrACTs

This Practice Note examines key clauses on payment of subcontractors within public sector contracts. For further guidance on what contracting authorities (and other interested parties) should understand when deploying boilerplate terms in public sector agreements, consult Practice Note: Boilerplate provisions in public sector agreements: general considerations.

Public procurement reform

Procurement Act 2023 (Commencement No 3 and Transitional and Saving Provisions) (Amendment) Regulations 2024 (SI 2024/959). The Procurement Bill secured Royal Assent on 26 October 2023, becoming the Procurement Act 2023 (PA 2023). See: Procurement Bill [HL]—LNB News 12/05/2022 14, and Procurement Bill receives Royal Assent—LNB News 26/10/2023 81.

From 24 February 2025, the principal provisions of the PA 2023 are now operative. Accordingly, procurements started on or after that date must proceed in accordance with PA 2023.

The pre-existing public procurement regime (including the Public Contracts Regulations 2015 (PCR 2015) and Procurement Practice Notes (PPNs), Utilities Contracts Regulations 2016, Concession Contracts Regulations 2016, and Defence and Security Public Contracts Regulations 2011) and/or those under other statutes (such as health care procurements) continue to apply and govern procurements already underway at the time when the PA 2023 regime commenced...

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Web page updated on 21/05/2026

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