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

The Procurement ClassRoom

Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. What is a Solicitation Tool?

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Understanding Standard Bidding Documents in Public Procurement

The Procurement ClassRoom

Introduction This article is based on the review of standard bidding documents from several organizations including the World Bank , Millennium Challenge Corporation , the Public Procurement and Concession Commission of the Republic of Liberia , and Public Procurement Authority of Ghana.

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Enhancing Competition in Public Procurement: Lessons from the NAO Report

Tracker Intelligence

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. However, a recent National Audit Office (NAO) investigation has found that there are major obstacles to competition in this sector.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. Solution: Open contracting fosters competition among vendors, reducing costs through competitive bidding.

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Pre-Bid and Pre-Proposal Meetings: Similarities and Differences

The Procurement ClassRoom

Differences Between Pre-Bid and Pre-Proposal Meetings Purpose of Clarification: Both pre-bid and pre-proposal meetings are held to explain the details of the solicitation documents to interested parties. Differences Between Pre-Bid and Pre-Proposal Meetings 1. Differences Between Pre-Bid and Pre-Proposal Meetings 1.

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Download the NIGP Public Procurement Benchmark Survey

Procureware

The National Institute for Government Procurement (NIGP) released their 2017 Public Procurement Benchmark Survey. This report provides metrics that can assist procurement professionals in everyday decision making. Our software, ProcureWare, brings time savings of 50-70 percent in the bid and tender management process.

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On technology buys, it’s important that agency stakeholders work together throughout the process

American City & Country

In nearly every case, these rates are very competitive versus commercial market rates to ensure our public sector agencies are able to maximize the impact of public funds,” Mitchell tells Co-op Solutions. OMNIA Partners , who sponsors this page, offers a robust portfolio of cooperative contracts in the public procurement space.

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