Remove Accountability Remove Goods & Services Remove Price
article thumbnail

Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Needs analysis ensures an accurate understanding of the goods / services being procured. A RACI (responsible, accountable, consulted, informed) chart is an effective project governance tool so that team members understand their responsibilities and to ensure accountability throughout the procurement process.

article thumbnail

Navigating the 5 Steps of the Procurement Journey Part 2

The Procurement School

The evaluation can be simple, such as tenders which are price only, or complex which includes technical criteria, pricing and sometimes an interview or demonstration. The pricing evaluation follows the completion of all technical evaluation stages and is usually the easiest to evaluate.

Bidder 52
article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7

article thumbnail

Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

This is an indication of the level of transparency and accountability required by public procurement professionals. Rated Criteria The technical evaluation criteria needs to align clearly with the scope / performance requirements of the good / service being procured.

article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .

article thumbnail

Saving the planet through procurement: Governments are identifying ways to use purchasing to achieve and support sustainability goals

American City & Country

According to the MarketLinks blog, Sustainable Public Procurement and the Business Environment , “taxpayers around the world are increasingly holding governments accountable to spend public funds for their social and economic benefit in a sustainable manner. Using equipment longer, or leasing when needed, is another way to reduce waste.

article thumbnail

Advances in the new international taxation and challenges for Latin America and the Caribbean

Inter-American Development Bank

The second measure is to implement a Global Minimum Tax on corporates so that the accounting profits of multinationals are subject to an effective minimum tax rate of 15%. In an open and globalized economy, these two problems affect all countries. New features of the proposal It is important to acknowledge that is a very innovative proposal.