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

The Procurement ClassRoom

This article seeks to disentangle these overlapping terms by examining the tools and methods that are often used interchangeably. Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. What is a Solicitation Tool?

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Understanding Standard Bidding Documents in Public Procurement

The Procurement ClassRoom

Introduction This article is based on the review of standard bidding documents from several organizations including the World Bank , Millennium Challenge Corporation , the Public Procurement and Concession Commission of the Republic of Liberia , and Public Procurement Authority of Ghana.

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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

According to the Competitive Bidding Law of Canada, we can only accept compliant bids. To accept the bid would put the organization at risk of being sued by all the other 6 compliant bidders for the value of this contract of $9 million plus up to 2 years of lost profit”, the Director replied. Why not” asked the VP.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

This article explores practical approaches to streamline public sector procurement processes and focuses on increasing participation from Small and Medium-sized Enterprises (SMEs). The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement.

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Mastering SAM Government Contracting

Select GCR

This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy. Bidding and Proposal Submission Submitting competitive bids and proposals is a critical step in securing federal contracts.

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Understanding the Procurement Cycle: From Need Identification to Contract Closure

The Procurement School

If it is material or product, and I only want one evaluation criteria to be used, which is the lowest bidder, I issue a Request for Quote (RFQ) or Request for Tender (RFT). The purpose of this article is to outline the RFP process. Allows suppliers to provide different solutions to the defined expected result.

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Mastering Bidding on Government Contracts: Pro Tips & Strategies

Select GCR

This article will show you the steps to take, from understanding different contract types to crafting a winning bid, including how to find government contracts and bidding on them. Showcasing your track record reassures government buyers of your capability and reliability, making your proposal more persuasive and competitive.