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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

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).

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Additionally, the procurement management team may select the procurement method based on the nature or complexity of the requirement.

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Why Malaysia needs a new public procurement law

Open Contracting Partnership

Among the reform areas identified was the country’s public procurement system. The strategy outlined in the NACP aimed to establish a dedicated public procurement law and revamp existing procurement practices.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

The achievement Kazakhstan has seen a dramatic decline in the use of single-source procurement in recent years. In the general public procurement market (valued at around US$19 billion annually), direct awards have dropped from 81% of the value of all procedures in 2017 to 23.5% on average in 2021 to 10.23

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Engaging with Public Procurement in Scotland

Scottish Government Procurement

SMEs also accounted for 99.4% To support suppliers’ engagement with Public Procurement in Scotland, a two-page reference guide has been published in the Document Library section of the Supplier Journey website. SMEs provided an estimated 1.2 million jobs, which was 55.9% of private sector employment.

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. As theOpen Contracting Partnership, we support transformational procurement reforms in over 50 countries.

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A focus on people: Delivering better public procurement

Open Contracting Partnership

A perspective by André Lima, Director for the United States During my three years as the City of Boston’s Director of Supplier Diversity, I often found myself explaining why procurement – this highly technical, often opaque process – matters to everyday people. Consider the Supplemental Nutrition Assistance Program (SNAP).