The Procurement Reform (Scotland) Act 2014 requires any public organisation which has an estimated annual regulated spend of £5 million or more (excluding VAT) to develop and review a procurement strategy annually before the start of the next financial year.
This procurement strategy must set out how the organisation intends to carry out its regulated procurements.
To meet regulatory requirements organisations must also prepare and publish an annual procurement report disclosing how it's procurement activity has complied with its published procurement strategy. AiB's procurement strategies and reports can be found below:
Current procurement report:
This report relates to the AiB strategy for 2016-2018 and covers the period December 2016 to March 2018.