Insights

As a result of the Procurement Act 2023, the UK procurement regime  changed on 24 February 2025. To read about the key changes, please see our article Understanding the UK’s New Procurement Regime in 2025.

The UK’s new Procurement Act 2023 (the “Act”) takes effect from 24 February 2025. Our view is that while there are a small number of important differences, which we discuss below, the majority of the processes outlined in previous legislation, remain unchanged, despite some changes in terminology.

President-elect Donald Trump has proposed to expedite federal approvals and permits for any investments worth more than $1 billion.[1] To date, details of Trump’s current proposed fast-tracking initiative have not been articulated. If put into action, however, infrastructure megaprojects will certainly be among the investments covered by any such initiative, with such fast-tracking potentially enhancing disputes risks before projects commence and throughout the lifecycle of the project.