Remove Budget Remove Procurement Strategies Remove Public Procurement
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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

However, one critical element often overlooked in these discussions is public procurement. Far from being a mere bureaucratic task, procurement is the mechanism through which governments acquire the infrastructure and technology needed for this transformation.

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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. Procurement decisions may also be influenced by emergencies, such as the need for the prompt delivery of goods and services to address disasters like earthquakes or hurricanes.

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2023 – A year in review with the Public Procurement Group

Scottish Government Procurement

As 2023 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sector’s 2023 achievements. You can watch the video below, or read the transcript at the bottom of the page.

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

As aid budgets shrink and the pressure to end aid dependency grows, governments are under growing pressure to maximize domestic resources and value for money. Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less.

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2023 – A year in review with the Public Procurement Group

Scottish Government Procurement

As 2023 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sector’s 2023 achievements. The post 2023 – A year in review with the Public Procurement Group appeared first on.

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When should procurement be outsourced?

The Procurement School

Factors which influence outsourcing: Smaller public entities, in terms of budgets, typically do not fund staffing resources for procurement. In 5-years, that’s 50% of the procurement staff being replaced. The 3rd party becomes the buying agency and represents the interests of the public entity.