# Procurement Act 2023, Paragraph 7: Materialisation of a known risk

Extent: E+W+S+N.I.

In considering whether awarding a new contract would be in the public interest for the purposes of paragraph 5, a contracting authority—
(a) must consider whether a new contract could provide more value for money, and
(b) may consider technical and operational matters.

---
Source: https://www.legislation.gov.uk/ukpga/2023/54/schedule/8/paragraph/7 (the official version)
Page: https://openlegislation.uk/procurement-act-2023/schedule-8/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.