Commissioning is a new section which looks at the formulation of a procurement commissioning strategy and how it can be put into practice. Areas covered include pre-market engagement, market intelligence and external influences.
Local Authority Housing
A new section, Recent Developments, has been added under current affairs. It highlights developments in this sector including changes in government, policy and regulation as well as recent publications and relevant initiatives.
The section on Alternative Fuels for Road Transport in the sustainability chapter has been updated and now also includes a section on hydrogen fuelled engines/fuel cells.
Housing Association Finance
Treasury Management has been updated in line with the 2017 edition of CIPFA’s Treasury Management in the Public Services: Code of Practice and Cross-Sectoral Guidance Notes. It also covers the Markets in Financial Instruments Directive II (MIFID II), inflation risk and Real Estate Investment Trusts (REITs).
Risk Management and Procurement is a new section aimed at staff employed in any procurement function, senior managers, elected members and trustees. It advocates an integrated approach to procurement risk management, recognising that the specific skills and competencies of risk management and procurement professionals are more likely to add value to the overall risk management process when applied in combination.