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

Open Contracting Partnership

MARCH 28, 2024

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. 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.

Procurement 138

Procurement Framework Agreement IT Public Private Partnership 138

Select GCR

MARCH 4, 2025

Promoting competition through competitive bidding can help government agencies achieve better value and lower costs. Acquiring a GSA contract enhances a businesss visibility and opens up additional bidding opportunities. Focus on understanding specific agency needs to better tailor your marketing efforts.

Government Contracts 52

Government Contracts Government Government Contract 52

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. How Are Public Sector Contracts Different From Private Contracts?

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. Failure to comply can result in penalties, including fines or suspension from federal contracting opportunities.

Government Contracts 52

Government Contracts Government Government Contract 52

Select GCR

SEPTEMBER 17, 2024

Contractors must track labor hours and material expenses closely, maintaining transparency to ensure costs remain within the project’s budget. Set-Aside and Sole-Source Contracts Set-aside contracts limit competition exclusively to small businesses, creating a level playing field.

Government 52

Government Government Contract Government Contracts 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. Specify Criteria and Reduce Complexity Higher insurance, bonding limits, and generic criteria in bid documents may exclude potentially qualified companies.

Participation 52

Participation Procurement Strategies Procurement Buyers 52