Remove Bidder Remove Contract Management Remove Procurement Contracts
article thumbnail

Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

The main point is to devote sufficient time to the procurement planning stage (concept and development) to ensure all stakeholder considerations are addressed. This includes clients, current vendors and unsuccessful bidders of previous similar procurements. A best practice is to use current procurement document templates.

article thumbnail

Contract Management’s Impact on Procurement Efficiency

The Procurement School

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Public Procurement Glossary

Tracker Intelligence

Awarding the Contract The winning supplier is selected based on clear criteria, ensuring fair and competitive procurement. Contract Management Once the deal is signed, contract management ensures the supplier delivers as promised. E-Procurement It is the digital way of handling public purchasing.

article thumbnail

The Essential Stages of the Contract Management Lifecycle

The Procurement School

Contract Management is an essential element of the procurement lifecycle as it helps to mitigate risks, ensure compliance and achieve desired outcomes. It is a structured approach to overseeing contracts from initiation to execution and leads to either termination or renewal.