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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

This groundbreaking technology offers a new level of security, efficiency, and accountability, promising to revolutionize the way government agencies and public sector institutions conduct procurements. Efficiency Streamlines processes with smart contracts, reducing bureaucracy and paperwork.

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GAO Assesses Health of the Defense Industrial Base

GovCon & Trade

To cure the problems identified, GAO recommends that the Secretary of Defense ensures the DoD does the following: Provide clear direction on which major defense suppliers should be prioritized for conducting M&A assessments. Also, contractors should combine resources and activities to drive efficiencies.

Bidder 147
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Addressing Challenges In Public Procurement: Overcoming Barriers to Efficiency And Compliance

Tracker Intelligence

These barriers should be dealt with if the aim is to guarantee that public funds are expended in a transparent, lawful, and efficient manner. Fraud and Corruption Risks Bid rigging, favouritism, and a lack of transparency in processes undermine public confidence and effectiveness.