Remove 2010 Remove Bidder Remove Public Procurement
article thumbnail

Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Single Source : In some cases, procurement may rely on a single known supplier , especially when no alternative options exist, or time constraints make broader competition impractical.

article thumbnail

Paraguay’s procurement is open for small business

Open Contracting Partnership

Results: A year after the new procurement law was passed, the public procurement agency (DNCP) is using machine-learning to identify tenders that are most likely to be awarded to smaller businesses. Firstly, they gathered the three key public procurement actors in the same team and aligned on the same vision.

article thumbnail

The Bid Evaluation Process

The Procurement ClassRoom

Most procurement Legal and Regulatory Frameworks require it to be an ad-hoc body with at least three members knowledgeable in Procurement, with technical expertise in the specific item being procured and a representative of the user entity.