Subject Predicate Object
LiUCoOUO
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Resource
Answer
Written answer
answer has question
weuufvAl
answer has answering person
Oliver James Dowden
answer text
<p>Contracts are never awarded lightly: each has an agreed and robust process. Government has always been compliant with public procurement regulations and follows these diligently when assessing the suitability of suppliers to deliver a particular contract.</p><p>As noted by the Chancellor of the Duchy of Lancaster’s speeches in June and November 2018, the Cabinet Office is currently taking forward a package of reforms to Government outsourcing policy. This includes creating a ‘playbook’ of guidelines, rules and processes for departments to follow when they outsource.</p><p>We are also reviewing how we assess suppliers’ financial health and what financial information we should seek during the procurement process. This will enable the Government to assess the level of risk that should be accepted, the extent to which we rely on historical financial information as an indicator of future financial health, and whether it is appropriate to seek and rely on forecast information. We will be issuing new guidance for departments on assessing the financial and economic standing of bidders in the coming months.</p>
answer given date
answer has answering body
Cabinet Office
written answer has answering body
Cabinet Office
Cabinet Office
answering body has written answer
LiUCoOUO
answering body has answer
LiUCoOUO
weuufvAl
question has answer
LiUCoOUO
Oliver James Dowden
answering person has answer
LiUCoOUO