At Signarus we are always looking for new and current examples of why people compliance solutions are so important to business. Occasionally a requirement illustrates why people compliance is becoming crucial for many organisations.
This week into the Signarus inbox came an email from the Crown Commercial Services (CCS) updating us on new Government requirements regarding a new policy to improve prompt payment that will apply to central government procurement from September 2019.
We are told that from 1 September 2019, any organisation that bids for a central government contract in excess of £5 million per annum will need to answer questions about its supply chain management and payment tracking systems. This will include details about payment practices, processes and performance including the percentage of invoices paid within 60 days.
CCS suppliers who are unable to demonstrate that they have effective systems in place and can ensure a fair and responsible approach to payment of their supply chain may be excluded from bidding. If an organisation already publishes data in accordance with the Reporting on Payment Practices and Performance Regulations, they can simply submit this report as part of their bid.
This note applies to all Central Government Departments, their Executive Agencies and Non Departmental Public Bodies. In-Scope Organisations must take action to apply the provisions of this Procurement Policy on all procurements above £5m per annum, advertised on or after 1 September 2019.
This is a great example of newly-released Government policies and procedures that quickly need to be communicated across an organisation and understood by all parties involved in CCS. To this end, an update to an employee read and comply list powered by Orchestra Read & Comply™ linked to both training and related content will not only communicate these CCS changes to all employees immediately but will demonstrate in real-time the level of team compliance
Contact Signarus to find out how Orchestra Read and Comply™ can help you distribute Government policy updates fast and prove your updated level of compliance at any time.
Call Signarus to find out more today on (UK) 020 7 788 9445