The European parliaments revamp of OJEU procurement rules will make it easier for SMEs to get public sector construction work contracts, which includes tougher provisions on "abnormally low bids" as well as promoting Building Information Modeling (BIM).
This will come as great news for SMEs who feel excluded from and find it difficult to win public sector work and larger frameworks. The changes will speed up the procurement process after cutting back red tape.
The changes to the EU Public Procurement Directive will come into effect across Europe from March 2014.
Rebecca Sperti, a director at Constructionline commented on the new OJEU procurement rules and what these changes will mean for the industry:
"The revisions to OJEU procurement rules will come as welcome news for both clients and contractors.
"In its current guise, the OJEU process is cumbersome, time-consuming and admin-heavy, often impeding smaller businesses from bidding for significant public sector contracts. By cutting back the red tape, speeding up the process and creating a fairer landscape for tendering these reforms are a step in the right direction that will benefit the whole construction industry.
"Given that many smaller contractors currently feel excluded from larger frameworks because of their size, simplifying procurement rules will help more SMEs gain access to work, while broadening the pool of talented bidders available for buyers to draw from."