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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Part of the outcome for assessing efficiency is to determine the appropriate level of resources to support the function and the quality of the work, which becomes a benchmark. Is this still a reasonable workload for that FTE? The internal process time to engage a consultant or a contractor for a routine service.

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

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.

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OCP Feedback Survey: Closing the books on 2023 and looking towards 2030

Open Contracting Partnership

We are also very pleased that we achieved one of the closest gender balances in survey responses last year, closing the gap between Men and Women from a 22% differential in 2022, to an 11% differential in 2023. We have consistently improved the quality of our resources throughout this cycle, leading to a pickup in 2023 scores.

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How to Respond to a Request for Information (RFI) Notice

Select GCR

Additionally, provide an overview of your company’s size, location, and areas of operation to give a clear picture of your capacity to meet the RFI requirements. Describe your methods for ensuring consistent product or service quality, including regular inspections, testing procedures, and compliance with relevant regulations.

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10 common myths holding women back in government contracting and leadership

Open Contracting Partnership

When given opportunities, these businesses excel in delivering quality and innovation. We built capacity to show that there is an opportunity to change how things are done. Myth 1: Women-led and -owned businesses cannot successfully deliver government contracts Women are excelling in business.

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

Inter-American Development Bank

This phenomenon emerges from the correlation between positive forecast errors and the overestimation of fiscal balances, tax revenue-to-GDP ratios, and the underestimation of expenditures.

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Procuring AI is a risky activity. We need more regulation to make it work in the public interest

Open Contracting Partnership

This shows how “trustworthy” AI procurement requires the development of de-risking and governance mechanisms and checks and balances to address such technology and socio-technical risks. First, because they lack the technical capabilities and capacity to do so, especially in relation to more advanced and complex AI systems.