The Procurement ClassRoom

NOVEMBER 16, 2024

Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. These methods may include Shopping , Limited Competitive Bidding , Force Account , or Direct Contracting. Policies governing Shopping typically require quotations from at least three vendors.

Procurement 105

Procurement Competitive Bidding Bidding Supplier 105

Select GCR

SEPTEMBER 10, 2024

Diving into government contracting with SAM requires a clear roadmap to success. Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement.

Government Contracts 52

Government Contracts Government Government Contract 52

The Procurement School

NOVEMBER 16, 2023

According to the Competitive Bidding 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.

Ethics 98

Ethics Import Procurement Public Procurement 98

Public Contracting Institute

JANUARY 31, 2024

FAR 52.214-16, Minimum Bid acceptance Period: the contracting officer inserts a time period in that clause, similar to Form 33 above; or A time period set forth somewhere else in the text of the solicitation. Instead of extending its bid (at the bid prices), Global submitted a revised bid with approximately a 2 percent price increase.

Price 52

Price Bidding Bidder Competitive Bidding 52

Tracker Intelligence

DECEMBER 16, 2024

This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement. Public sector procurement is driven by competition to achieve economic efficiency and stimulate innovation, providing new ways to deliver vital goods and services.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

The Procurement School

OCTOBER 22, 2024

The suggestions apply to all segments of competitive bidding, 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.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

Tracker Intelligence

JUNE 16, 2024

Health tenders are official calls for bids from healthcare institutions, government, or private entities seeking suppliers of products and services. On the other hand, the emphasis on openness and competitive bidding is similar. Crafting a Competitive Bid Developing a competitive tender proposal necessitates planning.

Tender 52

Tender Competitive Bidding Bidding Supplier 52