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Anti-Bribery and Corruption; the impact of the UK Bribery Act on Procurement Contracts

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Network Outputs - Procurement & Supply Chain

Anti-Bribery and Corruption; the impact of the UK Bribery Act on Procurement Contracts

Meeting Details

Host:KnowledgeBrief

Venue:The Caledonian Club, 9 Halkin street, London SW1X

Theme:Anti-Bribery and Corruption; the impact of the UK Bribery Act on Procurement Contracts

Guest Speaker: Keith Read, Network Associate, Procurement & Governance

Members at this innovation lunch discussed:

  1. Knowledge of the Bribery Act, highlighting areas that will affect procurement contracts most significantly
  2. Corruption Management Tools, within the Best Practice Workshop. Is this type of tool relevant?
  3. Discussion on how the act impacts on areas relating to procurement contracts.

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The session addressed some of today’s crucial questions such as:

Meeting Agenda: Procurement and supply chain Innovation lunch

12:30 Arrival, lunch and networking

13:00 Welcome, debate objectives and roundtable of introductions
Keith Read, Network Associate, KnowledgeBrief

13:15 Anti-Bribery and Corruption; the impact of the UK Bribery act on Procurement contracts; case studies

With the UK Bribery Act coming into force on 1st July, the potential risks that can be within supplier contracts is coming to the forefront of Procurement and Supply Chain Director's minds.

Knowledge of the Bribery Act will be shared, highlighting the areas that will affect procurement contracts most significantly.

14:00 Open debate in implications and areas most likely to be affected

14:45 Tea, coffee and networking

15:00 Best Practice Workshop; Corruption Management System Tool

Delegates will be given a corruption management system tool in the from of a spreadsheet that has a range of Anti-Bribery and Corruption questions and measures. As part of our workshop, delegates will be asked to consider the relevance of the tool, to suggest enhancements and report back to the group.

15:45 Best practice debate and open discussion

The group will hold a debate following on from the previous discussions with particular focus on the following areas relating to procurement contracts:

  • Adequate procedures
  • Third Party management
  • Associated parties

16:15 Roundtable of conclusions

16:25 Summary and forward actions

16:30 Close

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Meeting Summary

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