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

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

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The 3 revolutions of public procurement in Africa

Open Contracting Partnership

Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. Procurement was long seen as a clerical administrative function, rather than a strategic lever. This was not always the case.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

When they buy technology, cities and counties will often face multiple issues, says Dean Cunningham , segment development manager, Public Safety at Axis Communications , a company that produces network cameras, access control systems, network audio devices and other IP networking solutions for physical security and video surveillance applications.

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How Lithuania fast-tracked green procurement

Open Contracting Partnership

Challenge : In 2020, only 5% of Lithuania’s public procurement spending by value used green criteria that favor environmentally friendly products and services. Results : Levels of green procurement uptake across Lithuanian public institutions have increased to 94% by value and 93% by total procedures as of 1 December 2023.

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Purchasing uncertain or indefinite requirements – guest post by ?erban Filipon

How to Crack a Nut

I am delighted to present to How to Crack a Nut readers an outline of my recently published book Framework Agreements, Supplier Lists and Other Public Procurement Tools: Purchasing Uncertain or Indefinite Requirements (Hart Publishing, 2023).

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements. The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement.

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A missed opportunity to provide meaningful clarification on state aid analysis of procurement compliance and some problematic ‘obiter dicta’ (C-28/23)

How to Crack a Nut

The State aid Decision also explicitly stated that ‘The construction works financed through the grant … will be subject to a competitive process, respecting the applicable procurement rules’ (para 8). The agreement foresaw that, at the end of the project, ‘Any excess on that balance sheet is to be paid to the municipality.