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For implementation specialists helping government agencies adopt new workflow management tools like CRM systems, HR performance platforms, or payroll and accounting software, timing is everything. Spending & POs give you historical purchasing data down to the line item, enabling you to price your services competitively.
Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I According to the CompetitiveBidding Law of Canada, we can only accept compliant bids. I cannot” replied the Director. “Why Why not” asked the VP. ABC’s was late and deemed non-compliant.
The suggestions apply to all segments of competitivebidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. Specify Criteria and Reduce Complexity Higher insurance, bonding limits, and generic criteria in bid documents may exclude potentially qualified companies.
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. They allow enterprises to venture into competitive opportunities in the commercial marketplace.
They are encouraging dialogue about who bought what from whom to improve visibility and accountability over the spending and the improved outcomes seen in the examples provided. Solution: Open contracting fosters competition among vendors, reducing costs through competitivebidding.
Team members should include procurement, finance, legal, and subject matter experts. Be careful to only select Canadian ones due to our CompetitiveBidding Laws and Trade Agreement obligations for the public sector. This also will identify who will be evaluating the RFP responses. Contract type – fixed price per month.
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