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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

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I According to the Competitive Bidding Law of Canada, we can only accept compliant bids. In conducting research for this article, I found many definitions of ‘Ethics’. I cannot” replied the Director.

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How Do I Get Government Contracts: A Practical Guide

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This article simplifies the process: understanding the basics, finding the right opportunities, preparing your business, and crafting winning bids. Promoting competition through competitive bidding can help government agencies achieve better value and lower costs. How do I get government contracts?

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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

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This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy. Regular reporting on subcontracts is particularly crucial under certain federal programs that demand transparency about subcontractor involvement.

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Contract with the Government: Essentials for Businesses

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This article will guide you through the essentials of government contracting, from understanding different contract types to the steps required to secure a contract with government. Contractors must track labor hours and material expenses closely, maintaining transparency to ensure costs remain within the project’s budget.