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08 August 2014 / Simon Hills , Tom Metcalfe
Issue: 7618 / Categories: Features , Wills & Probate
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Mutual advantage?

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Simon Hills & Tom Metcalfe report on the implications of the new public procurement regime when setting up a mutual

On 11 February 2014, the Council of the European Union adopted three new directives on public procurement. Directive 2014/24/EU replaces Directive 2004/18/EC; Directive 2014/25/EU replaces Directive 2004/17/EC; and Directive 2014/23/EU was adopted on concession contracts. The directives came into force 20 working days after publication in the Official Journal of the European Union.

While the UK government has two years in which to integrate the directives into national law, the Cabinet Office has already announced plans to implement the new directive within much shorter timescales (Cabinet Office guidance: Transposing EU procurement directives (16 May 2014). The rationale for this is clear: to allow contracting authorities to make use of the additional flexibilities in the new directives as quickly as possible. Last year, Cabinet Office minister Francis Maude claims, commercial and procurement reforms saved taxpayers £3.8bn. This was achieved by departments collaboratively buying goods and services and enforcing sensible controls on recruitment and

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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