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The four key drivers that can enable better IT procurement

Open Contracting Partnership

This ensures transparency and encourages innovation, because as providers introduce new services and products, they become automatically purchasable under the framework agreement. From there, the buyer can define the specific requirements for the solution and move to a request for a quotation to build the solution.

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On technology buys, it’s important that agency stakeholders work together throughout the process

American City & Country

According to Mitchell, it is nearly impossible for just one individual to organically possess all of the knowledge necessary to successfully implement a technology purchase completely on their own. No question, updating an agency’s IT setup can be a major undertaking. Mitchell believes that cooperative contracts can save time for agencies. “In

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

Government procurement refers to the purchase of common goods, works and services by government agencies, usually from private sector suppliers. It shows your business has excelled in the competitive bidding process. Buyers can then call on the selected suppliers to provide services whenever they are needed.

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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. Defining Sole Source Procurement In the realm of procurement, variety is the spice of life.

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Commemorating 10 years of Bonfire

Bonfire

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Fast-forward 10 years and Bonfire’s eProcurement platform has streamlined the process for 451,506 global users (and counting), including buyers, vendors, and evaluators.

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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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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I According to the Competitive Bidding Law of Canada, we can only accept compliant bids. For example, a Buyer was tasked with ordering scientific equipment and lab supplies for a university in Africa.

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