article thumbnail

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

The Procurement ClassRoom

Yet, these terms—such as Request for Quotations (RFQ), Request for Proposals (RFP), Request for Expressions of Interest (REOI), and Invitation for Bids (IFB)—are technically indicative of distinct concepts. These methods may include Shopping , Limited Competitive Bidding , Force Account , or Direct Contracting.

article thumbnail

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

Open Contracting Partnership

During that period of emergency mobilization, Abante was focused on tracking the country’s COVID-19 response budget , alongside friends and former colleagues from his experience working in the government, academia, and civil society. We owe it to our broad coalition who fought for this budget, and the many advocates who came before us.

Budget 136
professionals

Sign Up for our Newsletter

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

article thumbnail

Key Topics to Watch as Congress Works to Fund Next Year’s DoD Budget

Inside Government Contracts

Bid Protests: GAO’s Loser Pays Pilot Program Once again, a “loser pays” bid protest pilot program has appeared in the NDAA, which would require contractors to reimburse DoD for costs incurred in “processing” bid protests that are ultimately denied by the Government Accountability Office.

article thumbnail

Open Olympics 2026: progress and challenges

Open Contracting Partnership

The findings highlight just why it is so important to bring the information together to get a coherent picture on spending and delivery: Out of the 94 projects currently tracked, 50% remain in the early stages (design or bidding), and only 6 out of 59 planned for completion by February 2026 are finished. of allocated funds.

article thumbnail

Wheelie good procurement: How Mexico City halved costs and improved its bike share scheme

Open Contracting Partnership

In its search for commercial partners, the city needed to promote competition in a concentrated marketplace, learn more about the latest bike share technology and innovations, and provide better and expanded service at the same or lower budget.

article thumbnail

What is Cooperative Purchasing & How Does it Benefit Public Sector Procurement?

American City & Country

In today’s fast-paced and budget-conscious public sector environment, efficient procurement practices are more crucial than ever. Additionally, financial incentives and rebates offered through cooperative agreements can further enhance these savings, providing much-needed budget relief for public sector organizations.

article thumbnail

Lockheed Books $861M Army Contract Modification for HIMARS Launcher Production

GovCon Wire

Army Contracting Command-Redstone received one bid for the firm-fixed-price contract modification via the internet and will determine work locations and budget upon issuance of each Lockheed Martin (NYSE: LMT) has secured an $861.3

Contract 105