Overseas Companies: UK-registered Subsidiaries Debate

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Department: Home Office

Overseas Companies: UK-registered Subsidiaries

Lord Kirkhope of Harrogate Excerpts
Monday 17th March 2025

(4 days, 2 hours ago)

Lords Chamber
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Lord Leong Portrait Lord Leong (Lab)
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I thank the noble Lord for that point. The Procurement Act 2023 allows, for the first time ever, the Government to have a list of companies that are debarred from submitting bids for any public contracts. That said, there has always been an exclusion list of companies that have committed fraud or anti-competitive practices. This is done by each individual department. Companies bidding for this will be told that they will not be successful because they are excluded from contracts. We have come a long way from exclusion to debarment, and this list is now in the early stages of being compiled.

Lord Kirkhope of Harrogate Portrait Lord Kirkhope of Harrogate (Con)
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My Lords, is the Minister satisfied with the criteria deployed in having companies available to tender for public sector work, bearing in mind the failure of a number of leading companies over a number of years that appear to still be available to tender on the Government’s list?

Lord Leong Portrait Lord Leong (Lab)
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That was probably before the Procurement Act. Under the Act, companies that have been excluded will not be allowed to bid for any government contracts. Any companies found to be bid rigging will be debarred from bidding for any public contracts. We have come a long way. The Act has just come into force. Let us allow the Act to take its place and ensure that, whoever bids for the contract, they do so with the value for money that the Government are looking for.