Inter-American Development Bank

OCTOBER 31, 2024

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

The Procurement School

JANUARY 22, 2024

Author: Graham Allen It is often said, “… working in public procurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by public procurement professionals. Reviewing performance is a key aspect of regular contract review meetings.

Procurement 40

Procurement Procurement Contracts Bidder Contract 40

The Procurement School

JULY 16, 2024

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.

Efficiency 52

Efficiency Procurement Contract Supplier 52

Tracker Intelligence

FEBRUARY 12, 2025

Key Principles Of Public Procurement Transparency: Clear and Open Processes Public contracts aren’t handed out in secret. A contract notice makes sure everyone knows what’s up for grabs, who’s bidding, and how decisions are made. This keeps the process fair and accountable.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

Select GCR

MAY 14, 2024

The FAR is meticulously structured into subchapters, parts, subparts, sections, and subsections, providing detailed guidance for government procurement, from planning through contract management to compliance and enforcement. In this context, it is essential to be aware of the Cost Accounting Standards Board and its regulations.

Ethics 52

Ethics Procurement Procurement Contracts Price 52

Select GCR

SEPTEMBER 17, 2024

The Federal Acquisition Regulation (FAR) outlines systematic procedures for crafting procurement contracts, ensuring consistency and fairness. Compliance with labor laws such as the Davis-Bacon Act and McNamara-O’Hara Service Contract Act is essential.

Government 52

Government Government Contract Government Contracts 52

The Procurement School

DECEMBER 17, 2024

Contract Management is an essential element of the procurement lifecycle as it helps to mitigate risks, ensure compliance and achieve desired outcomes. It is a structured approach to overseeing contracts from initiation to execution and leads to either termination or renewal. and Manage the Contract – Buyandsell.gc.ca

Contract Management 52

Contract Management Management Bidder Insurance 52