Moved by
Baroness Neville-Rolfe
70: Clause 35, page 23, line 26, at end insert—
“(1A) A condition set under subsection (1)(a) may not—
(a) require the submission of audited annual accounts, except from suppliers who are, or were, required to have the accounts audited in accordance with Part 16 of the Companies Act 2006 or an overseas equivalent;
(b) require insurance relating to the performance of a contract to be in place before the award of the contract.”
Member’s explanatory statement
This amendment would prevent contracting authorities from requiring audited accounts from suppliers that do not otherwise prepare audited accounts (for example, small companies), or insurance to be in place before award.