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Publicprocurement 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 PublicProcurement?
Introduction In publicprocurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. The interplay between these principles ensures the responsible and transparent management of public funds, crucial for meeting community needs while optimizing economic benefits.
Publicprocurement 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.
A perspective by André Lima, Director for the United States During my three years as the City of Boston’s Director of Supplier Diversity, I often found myself explaining why procurement – this highly technical, often opaque process – matters to everyday people. It facilitates budgeting and financial planning. In the U.S.,
The PublicProcurement Glossary Publicprocurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Publicprocurement glossary existsto make things simple. What Is PublicProcurement? E-Procurement It is the digital way of handling public purchasing.
As a result, the procurement software offered to public companies has been able to live in parallel with the private market; its evolution has been very focused on compliance with publicprocurement regulations. As a salesperson, the complexity of publicprocurement may seem daunting. Where to Start?
As these systems begin to play a more important role, the government needs to uncover the risks associated with using artificial intelligence in procurement, and what steps need to be taken to manage these risks effectively. AI compliance in publicprocurement remains a developing process.
Publicprocurement needs to be more transparent, efficient, and accountable to tackle the major social and economic challenges faced by governments across the world. I have had opportunities to support more than 60 countries across the globe in reviewing and advising their e-procurement (e-GP) initiatives.
Publicprocurement these days is not just about acquiring goods and public services at low costs. Social value is a transformative approach shaping how public contracts are awarded and executed. What Is Social Value In PublicProcurement? Why Does Social Value Matter In PublicProcurement?
In an instant, children lost their place of learning, teachers lost their jobs, and families struggled to balance childcare with the immense task of rebuilding their country. Founded in 1984, Radist Kindergarten suffered the worst damage of any preschool in Irpin when intense shelling in 2022 reduced much of it to rubble.
In its Judgment of 4 October 2012 in case C‑629/11 P Evropaïki Dynamiki v Commission (ESP-ISEP) , the Court of Justice has issued another interesting decision on what should be considered sufficient debriefing of disappointed bidders in publicprocurement procedures. 1) (‘the Financial Regulation’).
The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.
As we celebrate, we find ourselves at the crossroads of progress and potential, confronting the myths holding women back from participating in publicprocurement and attaining certain heights in leadership. Happy International Women’s Day! According to the World Bank, women-owned SMEs contribute 20% to the global GDP.
Local governments face issues that range from balancingpublic safety and individual privacy rights to managing vast amounts of data securely and efficiently. Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.”
Challenge : In 2020, only 5% of Lithuania’s publicprocurement 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.
Introduction: In the realm of Canadian public sector procurement, understanding the fundamental principles of contract law is essential for ensuring fair, transparent, and effective practices. By fostering fair and balanced relationships with suppliers, organizations can mitigate the risk of unconscionable agreements.
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 PublicProcurement Tools: Purchasing Uncertain or Indefinite Requirements (Hart Publishing, 2023).
Photo credit: Flickr While carrying out research on the impact of digital technologies for publicprocurement governance, I have realised that the deployment of artificial intelligence to promote sustainability through publicprocurement holds some promise. In my view, it should be a matter of high priority. *
The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more publicprocurements. The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement.
As a company that provides education in publicprocurement , this is perhaps the most common question that arises. similarities of public and private procurement There are many similarities between public-and private-sector procurement practices. where do public sector procurement rules come from?
GTI-WP/2020:01, Budapest: Government Transparency Institute. It establishes a robust methodology to explore what impacts can be measured and also explores the channels through which transparency is indeed impactful – e.g. who are the stakeholders and enablers that are the actual drivers of change using increased transparency.
The paper will be published in Legal Studies in due course.(*) Publicprocurement is concerned with the award of contracts for the supply, for pecuniary interest, of goods, services or works to the public sector. It is thus interesting to see how the PA23 has articulated its view of the public interest. At first look, s.12(1)
The 3rd party becomes the buying agency and represents the interests of the public entity. The 3rd party is responsible to maintain the technology for administrative efficiencies and remain current with legislative mandates in publicprocurement. The balance between savings and values needs to be part of the conversation.
Publicprocurement can be used to promote social objectives, sustainability, and environmental responsibility. In 2022, 16 of the 19 surveyed countries in LAC (or 84%) had central e-procurement systems and reported having policies or strategies in this area to pursue social objectives.
In a new draft chapter for my monograph , I explore how, within the broader process of public sector digitalisation, and embroiled in the general ‘race for AI’ and ‘race for AI regulation’, publicprocurement has two roles. The current strategy is by and large one of ‘experiment first, regulate later’.
Even if they may seem two – rather disconnected – areas of legal practice, reading cases on EU publicprocurement and on EU trademark law sometimes offers interesting insights into broader issues of EU economic law or, more generally, EU law. 46 The statement of reasons in the contested decision is thus sufficient in law.
The key to a successful idea lies in the momentum that fuels it; these ideas require the perfect balance of patience and proactivity. Closing Keynote Our final keynote welcomed James ‘JC’ Curleigh –a brand-building expert who has crafted uniquely tailored solutions for Levi Strauss & Co. JC started with Newton’s Law of Motion.
It should then not be surprising that the possibility that artificial intelligence (AI) could ‘change the rules of the game’ (eg Santiso, 2019 ) and bring procurement corruption to an end is receiving significant attention.
It was held that unilateral arbitrator appointments undermine this principle, tilting the balance in favour of the appointing party. Ultimately state-owned entities must recognise the public interest in fostering a fair and transparent process in all procedural aspects of arbitration.
The Canadian Public Sector Landscape The Canadian public sector is characterized by its commitment to diversity, inclusivity, and transparency. A balance must be struck; humour should enhance the narrative rather than detract from it. Context Matters The appropriateness of humour can vary depending on the context.
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