As last captured

Procurement Act 2023 · CHAPTER 2 Competitive award

38 Dynamic markets: fees

s. 38 · in force: yes

Captured statutory text (L5)

38 Dynamic markets: fees

(1)Documents establishing a dynamic market other than a utilities dynamic market may provide for the charging of fees to suppliers that are awarded a contract by reference to their membership of the market.
(2)Fees charged by virtue of subsection (1) must be set as a fixed percentage to be applied to the estimated value of the awarded contract.
(3)Documents establishing a utilities dynamic market may provide for the charging of fees to suppliers in connection with obtaining and maintaining membership of the market.
Full captured verbatim text
(1) Documents establishing a dynamic market other than a utilities dynamic market may provide for the charging of fees to suppliers that are awarded a contract by reference to their membership of the market.

(2) Fees charged by virtue of subsection (1) must be set as a fixed percentage to be applied to the estimated value of the awarded contract.

(3) Documents establishing a utilities dynamic market may provide for the charging of fees to suppliers in connection with obtaining and maintaining membership of the market.

What this provision means

Model summary, checked against the text on the left.

Relevance to Signicat: 0/3 · detailed summary (L4) Status: not needed for a short provision · Stored artifact; current recipe verification unavailable

L3 unavailable: no verified one-line summary for this provision.

No verified summary for this provision yet; read the text itself.

Refers to

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Referred to by

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Part summaries

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L1 unavailable for current verification: the overall summary needs every part verified. Provisions and the verified summaries remain readable.

Verification findings (391)

synthesis coverage: missing/unverified L2 part-1

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Instrument tier unavailable

Change history as published

Sch. 9 para. A1 and cross-headings omitted (24.2.2025) by virtue of The Procurement (Miscellaneous Amendments) (Wales) Regulations 2025 (S.I. 2025/181), regs. 1(2), 3(4)(a)

Sch. 9 para. B1 and cross-headings omitted (W.) (31.12.2025) by The Procurement Act 2023 (Specified International Agreements) (Amendment) (Wales) Regulations 2025 (S.I. 2025/1361), regs. 1(2), 3(2) (with reg. 4)

Sch. 9 para. C1 and cross-headings omitted (W.) (31.3.2026) by virtue of The Procurement Act 2023 (Specified International Agreements) (Amendment) (Wales) Regulations 2026 (W.S.I. 2026/97), regs. 1(2), 2(2) (with reg. 3)

Pending effects amendments not yet applied to this text

No captured pending effects.

Provenance

Every claim the system makes about this text is traceable to these identifiers.

Instrument
uk:ukpga/2023/54
Part
CHAPTER 2 Competitive award
Version
1f42cbe2e52b2d3b319dfe92…
Content hash
sha256 cb16d87c12ece0231e49ae6f…
Source
legislation.gov.uk/ukpga/2023/54