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The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. In Part 1 of our FAQs for suppliers , we covered key changes to the procurement process and what suppliers can do to get ready for the Procurement Act.
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% New suppliers are entering the market and bidding more actively too. The number of suppliers per buyer increased from 8.0 on average in 2021 to 10.23
In a nutshell, the government will ban significant parts of the food distribution network within the EU from participating in food procurement in Portugal and thus tilt the market in favour of suppliers and distributors closer to the customer. Where will they source the food that also is mandatory to be in season?
Through customised insights and tender notifications that link them to public sector contract possibilities and government procurement organisations, Tracker Intelligence assists suppliers in navigating this difficult market. They combine demand from many councils, resulting in economies of scale and easier access to contracts for suppliers.
The government has promoted public participation in procurement monitoring, which is vital to combating corruption and improving efficiency, but few independent civil society organizations and individuals had the information, skills and influence to track contracting effectively. When Datanomix were approached by Adildik Joly, the redflags.ai
Affecting around 4000 public buyers, the decree defines procurement as ‘green’ if it uses green criteria, recognized certificates, ecolabels or environmental management systems for no less than 50% of total procurement value. The way we think about technology is that it has to help public buyers and suppliers conduct business easier.
Regulators can better promote green procurement by sharing guidance in simpler language that can more readily be reused in procurement notices (and understood by potential suppliers). At present, the low adoption of green criteria is the main barrier. At present, the low adoption of green criteria is the main barrier.
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