Unlike direct award contracts, which award work directly to suppliers, Dynamic purchasing Systems are used to qualify suppliers of common goods, works, or services for future contract awards.
These systems give buyers access to a range of qualified suppliers, allowing them to avoid the need to continuously re-tender by being able to directly receive quotes from said suppliers.
The most notable aspect of these systems is suppliers can join throughout the duration of the contract. DPSs are used to streamline procurement for both buyers and suppliers, as suppliers only need to demonstrate suitability once, and buyers can award contracts quicker than other methods allow.
For details of other types of tender and procurement procedures, please see our blog ‘What is a public sector tender?’.