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Sole-source contracts offer businesses a unique opportunity to secure federal contracts without the competitivebidding process. The platforms unique algorithms and data integration capabilities made it irreplaceable for real-time battlefield analysis, addressing critical national security needs.
The suggestions apply to all segments of competitivebidding, 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.
The Tracker Intelligence platform helps organisations identify and bid for tenders in a wide range of sectors. The platform provides information on contracts available for bidding, buyer behaviour tracking, and market data to facilitate the tendering process.
Having multiple suppliers to choose from allows a procurement team to leverage competitivebidding, ensuring the best value for the organization. In such cases, the competitivebidding requirement is not applicable. This helps to maintain the integrity of the procurement process.
Creating a dynamic marketplace that promotes transparency of pricing, services and supply contracts, allows suppliers to continually update their offerings and prices and enables public sector buyers easier access to the latest technology and services. Purchased systems need to replace or work within existing systems.
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