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Learn the ins and outs of maintaining compliance, crafting a competitivebid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement. These reports enable the government to track and manage awarded contracts efficiently.
According to the CompetitiveBidding Law of Canada, we can only accept compliant bids. To accept the bid would put the organization at risk of being sued by all the other 6 compliant bidders for the value of this contract of $9 million plus up to 2 years of lost profit”, the Director replied. Why not” asked the VP.
The suggestions apply to all segments of competitivebidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders.
If it is material or product, and I only want one evaluation criteria to be used, which is the lowest bidder, I issue a Request for Quote (RFQ) or Request for Tender (RFT). Be careful to only select Canadian ones due to our CompetitiveBidding Laws and Trade Agreement obligations for the public sector.
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