Market management is about understanding the markets that we source from, recognising our influence on these markets, and designing commercial strategies and contracts that promote healthy markets over the short, medium and long term. Better market management should lead to more competitive markets, fewer situations where we are over reliant on one or two suppliers, and improved value for money. This Guidance Note introduces new rules and guidance for in scope procurements: • Conduct a market health assessment and consider how the commercial strategy and contract design can be adapted to address market weaknesses. • Strategic Outline Business Cases must demonstrate that appropriate market assessment and appropriate consideration of options to promote market health has taken place.
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