Remove Accountability Remove E-auction Remove Purchasing
article thumbnail

How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

The OECD recommends that non-competitive methods should account for 10-20% of the public procurement market. General government procurement accounts for nearly a third of that spending. The total value of purchases during this period increased by 160%, reaching 12.37 trillion tenge (US$25.1

article thumbnail

The Benefits of Procure-to-Pay

ivalua

Paying ad hoc is inefficient; it always takes longer and allows cash – that could be earning interest – out of an account sooner than it needs to go. Key approaches that have been successful in addressing these challenges center around e-invoicing and automation to drive down operational costs and increase process efficiency.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Benefits of Procure-to-Pay

ivalua

Paying ad hoc is inefficient; it always takes longer and allows cash – that could be earning interest – out of an account sooner than it needs to go. Key approaches that have been successful in addressing these challenges center around e-invoicing and automation to drive down operational costs and increase process efficiency.

article thumbnail

How Ukraine’s procurement appeals tool Clarity App promotes fair competition

Open Contracting Partnership

The Prozorro e-procurement system allows participants of an auction to review competitors’ documents, which makes it possible to dispute errors in their tender proposals. Buyers can look for practices to check their purchases are above board, and use this information to write replies to the financial control body.

article thumbnail

5G as a Digital Transformation Accelerant

FedInsider

Certificates will be e-mailed to registrants. He led teams supporting the DHS CIO’s Joint wireless Divisions to support spectrum needs for DHS components including leading initiatives for clearing DHS spectrum as a result of C Block spectrum auctions. government agencies.

article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

And, if bond investors will only purchase Government debt at elevated interest rates, that will influence the interest rates across the wider economy—working against any moves that the Fed. 3, 2022), available at [link] ; see also James Chen, Dutch Auction: Understanding How It’s Used in Public Offerings, investopedia.com (Oct.