Remove Bidding Remove Competitive Bidding Remove Risk Management
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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

These contracts are competitively bid and offer access to a broad range of goods and services at negotiated rates, making them ideal for organizations of all sizes. Using a cooperative purchasing program ensures compliance with state and federal laws while reducing the risks associated with supplier management.

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GSA’s Earth Observation Solutions: Powering informed decision-making

Great Government Through Technology

Managing flood risks A federal agency responsible for flood risk management can use EOS to create and update floodplain maps. With such a large pool of vendors, agencies are able to get multiple competitive bids to get the best price for required services.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

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.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

Having multiple suppliers to choose from allows a procurement team to leverage competitive bidding, ensuring the best value for the organization. In such cases, the competitive bidding requirement is not applicable. Therefore, procurement teams must implement strategies to manage these risks effectively.