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Contract Management’s Impact on Procurement Efficiency

The Procurement School

Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.

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Slowing Down Public Sector AI Adoption -- guest post by Saema Jaffer

How to Crack a Nut

I am reading a leaflet for a contract management portal when I overhear a conversation between a buyer and a supplier. “I If a bid is incorrectly evaluated, the buyer can hardly hold the AI response generator accountable. An easy way to help those bidders is to use an automated bid writer to help them write their first draft.

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10 success factors for implementing e-procurement system

Open Contracting Partnership

Public procurement needs to be more transparent, efficient, and accountable to tackle the major social and economic challenges faced by governments across the world. Implementing e-GP requires training and capacity building for procuring entity officials and suppliers, auditors, evaluators, contract managers, and oversight bodies.

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ProcureWare Product Tip – Top 10 new features for 2017

Procureware

My favorite new features for 2017 include: • API • Approval workflows • Certifications • Connected bid events • Invite unregistered bidders • My Dashboard • PDF reports • Ranked reverse auction • Supplier view of contracts API Long before ProcureWare was developed, we envisioned an application that would easily connect to other business systems.

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs. A mandatory is a mandatory and if a bidder fails it generally cannot proceed further.

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How to Bid on Government Jobs: A Practical Guide

Select GCR

Establishing relationships with a prime contractor can further demonstrate your business’s credibility and readiness for larger contracts. For first-time bidders, preparation costs can range from $80,000 to $130,000. Proper bid submission can lead to increased visibility and contract opportunities within the federal marketplace.

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Private Sector Tender Platforms and Databases

Tracker Intelligence

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. How Are Public Sector Contracts Different From Private Contracts?

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