Remove Bidding Remove Budget Remove Public Bidding
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Seven Steps To More Transparent Sourcing

Procureware

Step 1: Post Solicitations Online Public notification of bid opportunities is a cornerstone of public procurement in most developed countries. Below is an example of public solicitations from the City of Vancouver, Washington. Vancouver also provides a budget estimate and a bidders list.

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Roundtable roundup: Best practices for crown corporation procurement

Bonfire

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. Inflation is a real concern for public sector budgets today. Vendors can see each other’s pricing (usually in real time) and try to beat those bids by going lower.