The Procurement School

JULY 16, 2024

Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.

Efficiency 52

Efficiency Procurement Contract Supplier 52

The Procurement School

OCTOBER 6, 2023

Step 3 Posting Once the procurement document is developed and approved it is posted online for bidders to respond. In instances, such as a limited number of potential bidders, a complex procurement or a new or innovative concept a procurement may be posted longer to attract more bidders.

Bidder 52

Bidder Procurement Evaluation Bidding 52

The Procurement School

JANUARY 22, 2024

This includes clients, current vendors and unsuccessful bidders of previous similar procurements. Time to Respond Bidders should be provided with sufficient time to review the procurement document, ask questions and submit a bid. Posting for complex, unique or highly technical procurements should be increased to attract more bidders.

Procurement 40

Procurement Procurement Contracts Bidder Contract 40

The Procurement School

SEPTEMBER 15, 2023

Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs. A mandatory is a mandatory and if a bidder fails it generally cannot proceed further.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52