Prepare for the new Unfair Contract Terms Act coming this November

 In Blog, Resources

Less than six months from now, the landscape for contracting directly with small suppliers will change dramatically for all procurement professionals currently using standard form contracts with small vendors. The Unfair Contract Terms Act 2016 (UCTA) includes new regulations to all template based contracts to purchase any goods and services from small suppliers (less than 20 employees) for contract values up to $1m.

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