Commentary on Sections Procurement strategy and annual report Section 18 – Annual procurement reports
39.This section requires a contracting authority that is obliged to prepare or revise a procurement strategy to prepare, as soon as reasonably practicable after the end of its financial year, an annual procurement report on its regulated procurement activities.
40.Section 18(2) provides details of the minimum content that a report should contain.
41.A significant requirement of subsection (2) is that the contracting authority includes a summary of the regulated procurements that have been completed in the financial year. In relation to this, subsection (3) explains that a regulated procurement is completed when the award notice is published or when it otherwise comes to an end.