The Procurement ClassRoom

NOVEMBER 16, 2024

Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition.

Procurement 105

Procurement Competitive Bidding Bidding Supplier 105

Tracker Intelligence

AUGUST 16, 2024

They also come with other aids, such as bid management tools, competitor analysis, contract management, or compliance tracking, which organisations can use to improve bidding strategies and increase their odds of winning contracts. To succeed, ensure all guidelines are strictly adhered to when the bidding process is done.

Tender 52

Tender Bidding Competitive Bidding Buyers 52

Select GCR

SEPTEMBER 10, 2024

Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement. Ensuring ongoing compliance can enhance your reputation and increase your chances of winning future contracts.

Government Contracts 52

Government Contracts Government Government Contract 52

Tracker Intelligence

SEPTEMBER 26, 2024

Businesses may find and bid on both public and private construction sector contracts more effectively by using Tracker Intelligence, which helps them avoid missing out on important opportunities. Bidders provide information on costs, timeframes and plans of how they intend to execute the project.

Tender 52

Tender Bidding Negotiation Price 52

The Procurement School

OCTOBER 22, 2024

The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

The Procurement School

NOVEMBER 16, 2023

According to the Competitive Bidding Law of Canada, we can only accept compliant bids. To accept the bid would put the organization at risk of being sued by all the other 6 compliant bidders for the value of this contract of $9 million plus up to 2 years of lost profit”, the Director replied. Why not” asked the VP.

Ethics 98

Ethics Import Procurement Public Procurement 98

Select GCR

FEBRUARY 25, 2025

Unlike private sector contracts, government contracts often come with strict regulations and oversight to ensure compliance and accountability. A government bid refers to a proposal or offer made by companies. These government bids are typically issued through a competitive process requiring vendors to submit offers and qualifications.

Government Contracts 52

Government Contracts Bidding Government Government 52