Information for Suppliers - Corporate 'Failure to Prevent Fraud' Offence
Details
| Contract Title: | Information for Suppliers - Corporate 'Failure to Prevent Fraud' Offence |
| Published Date: | Jul 31, 2026 |
| Notice Type: | Notice (CompetitiveContractNotice) |
| Value Banding: | Low Value |
| Delivery Point: | United Kingdom |
Description:
To all current and future awarding authority Suppliers, Contractors, Third Party Associates, and External Partners The new ‘failure to prevent fraud’ offence, introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCTA) came into force on 1 September 2025 and has significant implications for organisations operating in the UK, including Local Authorities. The new offence states that an organisation can be held criminally liable if a connected or associated person (such as an emplo...