Tracker Intelligence

FEBRUARY 22, 2025

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. Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Procureware

APRIL 12, 2019

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. This practice ensures that information is up to date and shifts responsibility to suppliers.

Transparency 40

Transparency Bidding Bidder Tender 40

Bonfire

MARCH 29, 2022

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. We also discussed the strategy of reverse auctions in which suppliers compete to offer the lowest price possible. The end goal is to drive purchase prices down for the buyer.

Procurement 52

Procurement Eprocurement Purchasing Participation 52