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What is a facility agreement?

What is a facility agreement?

A facility agreement is also known as a loan agreement.  A facility agreement is a very complex document that can protect the two parties involved - borrower and lender, although more often than not the protections are for the lender. In most cases, the lender creates...

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Use of AI in Public Procurement Tenders

Use of AI in Public Procurement Tenders

On 25 March 2024, the Cabinet Office published PPN 02/24 Improving Transparency of AI use in Procurement (PPN). The PPN applies to all central government departments, their executive agencies and non-departmental public bodies. The PPN acknowledges that AI is becoming...

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