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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

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. “I Many organizations have written policies and guidelines on Ethics, but is this situation an Ethical or Moral issue?

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

To make it easier to incorporate “green procurement” into procurement planning, the UNCITRAL model law might be amended to: Article 7 – Flexible Communications: Make it easier to change means of communication during the course of a procurement. system) hinge on vendors’ “green” initiatives has long been a very controversial approach.

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Procurement Planning: Steps for Issuing a Solicitation

The Procurement School

The following article outlines the solicitation process and while not all steps have equal weight all steps should be considered. In the above example success is measured by the bidder meeting the technical specifications, including on time delivery at or below the approved procurement value.

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Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

The following article outlines nine points to consider as part of the procurement planning process which will help to reduce procurement risk, increase confidence in the procurement document and avoid a potential bid dispute. This includes clients, current vendors and unsuccessful bidders of previous similar procurements.

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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). Specific outcomes provide clear objectives for the bidder to achieve for the service or product delivery.

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Evolution of the Status Quo

The Procurement School

Bidders add money to bids to avoid potential losses. Responsibility Owners have an important role in the construction marketplace to be progressive and demonstrate a growth mindset while also demonstrating a duty of fairness to bidders. This risk absorption is directly reflected in bid prices.

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7 Secrets to Quicky Become Proficient in Public Procurement

The Procurement ClassRoom

By integrating these principles into your work ethic, the results of your decisions will always be in line with the goal of public procurement. You manage public funds, are bound by an ethical code of conduct, and are accountable for what you do or fail to do when managing those funds. Leave a comment if you found this article useful.