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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

For more complex procurement requirements, the submission lead-time may be extended to allow bidders adequate time to prepare comprehensive bids. As procurement professionals, we must strive to embed this understanding in our policies, practices, and capacity-building efforts to ensure continuous improvement in the field

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Better bike lanes in the Philippines: Civic groups won a budget for bike lanes, then followed the money

Open Contracting Partnership

All except one contract (Metro Manila) had multiple bidders. million by having multiple bidders. They check the availability and quality of constructed bike lanes, particularly in major metropolitan areas using OpenStreetMaps regularly updated via crowdsourcing. Competition: A total of 14 unique contractors bid on the projects.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

The average number of bidders per lot rose from 3.16 While some efforts have been made to improve the transparency of these markets, greater access to high-quality data is needed to meaningfully assess their performance. Average number of bidders per lot 3.16 New suppliers are entering the market and bidding more actively too.

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Did you know many Procurement Team in govt use MEAT as part of evaluation?

Tendersinfo

A weightage-based criterion helps the procurement team to select the best out of the lot that gives the best value in terms of Cost, Quality, and experience. It takes into account components like Cost, Quality, and Technicality of various bid proposals while deciding a contract award.

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Slowing Down Public Sector AI Adoption -- guest post by Saema Jaffer

How to Crack a Nut

Please note Saema’s disclaimer that “I am commercial practitioner and I am writing in a personal capacity. An easy way to help those bidders is to use an automated bid writer to help them write their first draft. Option 1: Place a ban bidders to commit not to using AI. Option 2: Using the bidder’s own AI solutions.

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What is a Tender in Construction? Your Essential Guide

Tracker Intelligence

This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder. Customers may select the best offer from submitted tenders based on quality, price, and terms thanks to its transparency, equity, and efficiency of the tender process.

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Procurement Planning: Steps for Issuing a Solicitation

The Procurement School

A lack of clarity will be reflected in the quality of the solicitation document, the evaluation criteria and the bid submissions. In the above example success is measured by the bidder meeting the technical specifications, including on time delivery at or below the approved procurement value.