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If you’re planning a transition to eProcurement, you’ve likely come up against the question “who should pay for this?” With so many competing priorities and budgetary constraints, when does it make sense to go with a vendor-paid eProcurement model? What is vendor-paid eProcurement? And for good reason.
eProcurement solutions are helping government agencies not only overcome those challenges but create new efficiencies never before possible, manage spend more effectively and deliver more value to the public. LADWP Shifts to Electronic Bidding System in Response to Covid-19. The full webinar recording is available on-demand here.
Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. These public procurement principles allow businesses of all sizes to participate equitably, protect the integrity of taxpayer money, and encourage competition and efficiency.
Participants heard from industry experts, shared best practices, and forged new connections with their peers. Roundtable participants said under a certain threshold (around $100K for services and $25K for goods) their client departments have full discretion on how to source. If you missed the event, don’t worry!
Appreciation also to Albania’s Public Procurement Commission , which helped a sizable Western Balkan community to participate energetically. Between 2011 and 2021, single bids doubled, the number of bids halved, and direct awards surged. This trend started long before Covid.
Transparency : The public needs as much visibility into public sector procurement as possible, and that includes suppliers who may wish to bid for city/county contracts. No procurement program can deliver results without a sufficient level of participation from, and competition between, qualified suppliers.
This involves the perspectives of immediate stakeholders, agency leads and the general public, but it also includes the perspectives of suppliers participating in solicitations or seeking opportunities to work with the government. The supplier experience – actually user experience in general – has been neglected for far too long.
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