Baroness Finn (Con)

My Lords, it is the “Baroness Anderson and Baroness Finn show” again, I am afraid. We welcome these regulations. Section 70 of the Procurement Act 2023, introduced by the previous Conservative Government, created new reporting requirements for procurement payments over £30,000. The purposes were clear: to improve transparency; to strengthen accountability; and to make it easier for the public to see how taxpayers’ money is being spent. These regulations implement those commitments by specifying the information that must be published and ensuring that it is made available on a central digital platform. That is a sensible and important step. Transparency is not an administrative afterthought. It is a safeguard. Publishing clear data on payments—including the contracting authority, the supplier, the value of the payment and the date—enables scrutiny, improves financial discipline and supports better value for money. We particularly welcome the move to align reporting requirements across central and local government. A consistent approach reduces confusion and ensures that transparency does not depend on postcode. However, I would welcome brief clarification from the Minister on two points. First, on implementation, can the Minister confirm that the central digital platform is fully operational, and that contracting authorities have received clear guidance on data standards and reporting formats? Transparency is meaningful only if the data is accessible and consistent. Secondly, on proportionality, although these requirements are reasonable, what assessment has been made of the administrative burden on smaller contracting authorities? It is important that transparency does not inadvertently divert resource from front-line delivery. Subject to those two questions, we support these regulations. They deliver on clear commitments to open procurement, to better scrutiny and to ensuring that public money is spent in a way that can be properly examined.