New utilities procurement directives — 15 October 2013
After nearly two years of waiting, the new utilities procurement directives are close to being adopted: the European Commission now expects them to enter into force in December this year or early next.
With this will come a raft of changes such as: clarification of which entities are utilities; updating the rules on exemptions for utilities operating in competitive market; codification of the current case law on material changes to contracts; importation of public sector rules such as the competitive dialogue procedure; and regulation of works and services concessions.
We now also know the latest on how and when the UK government proposes to implement the new directives. Speaking at a conference organised by the Procurement Lawyers’ Association last night, senior Cabinet Office officials announced for the first time the government’s approach…
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The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.