Frameworks & dynamic markets

Dynamic Market

Quick answer

A Dynamic Market (Section 36) replaces the legacy DPS. Suppliers join via Dynamic Market Notices and may receive call-offs under published rules.

Last updated: 18 May 2026

What is a Dynamic Market?

Buyers use dynamic markets for repetitive purchases where maintaining an open supplier list is efficient (common in local government).

Dynamic Market vs framework

Dynamic MarketFramework
Lighter list mechanismStructured multi-supplier arrangement
Section 36Section 45

Read the buyer's award notice for call-off rules.

Common questions

What is Dynamic Market?

A Dynamic Market under the Procurement Act 2023 is an electronic list of suppliers from which buyers can award contracts using simplified rules, replacing the Dynamic Purchasing System (DPS).

Is this still current after February 2025?

Yes under the Procurement Act 2023.

Related glossary terms

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