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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

The efficiencies can reduce office space, reduce hiring, reduce on-going training, reduce investment in technology and continuous upgrades, and increase workload capacity. Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently.

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How healthcare organizations can fulfill compliance standards with AWS

AWS Public Sector

According to current best practices , between 5-7 percent of a company’s IT budget should be spent on cybersecurity. percent of their IT budgets in 2022. In order to reach encryption in transit, they used a TLS/SSL certificate stored within AWS Certificate Manager (ACM) for their load balancer.

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10 success factors for implementing e-procurement system

Open Contracting Partnership

Most of the time, international development partners make resources available under a project, or the government allocates a project implementation budget. Ultimately, the decision to adopt SaaS-based e-GP solutions must balance the conveniences they offer and the need to uphold the integrity of public procurement laws and regulations.

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

Inter-American Development Bank

Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.

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Navigating the Intersection of Sovereign Acts and Commercial Activities: Insights from Omega v. Panama

Kluwer Arbitration

Assessing Commercial Legitimacy The central question was whether Panama acted reasonably in a commercial capacity or engaged in illegitimate sovereign conduct. The United States and the Claimants posited that the standard should be “clear and convincing evidence”, while Panama maintained that it should be a “balance of probabilities.”

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Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

Policymakers’ Forecasts: Optimistic Biases Discourage Compliance Optimistic macroeconomic forecasts undermine compliance during the budget cycle: the probability of complying ex-post with the fiscal rule is lower when policymakers overestimate GDP growth ex-ante.

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The wave of new procurement regulations rolls on and on

Federal News Network

In my experience, having had a number of these under me when I was in private sector as a government contractor, it’s a great advantage to the small business, because you get a lot of investment in capability and capacity, and, you know, leadership development and workforce development. What we really need is the right balance here.