Remove Buyers Remove Contract Remove Procurement Contracts
article thumbnail

How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

In the UK, the government spends around £284 billion on public sector contracts every year. With so much money in play, it should be unsurprising that government procurement attracts so much interest. Even big names like Amazon, Dell, and Apple hold government contracts in England. What is Government Contracting?

article thumbnail

The Corruption Cost Tracker: Quantifying the costs of corrupt contracting and the savings to be made from reform

Curbing Corruption in Government Contracting

The Corruption Cost Tracker: Quantifying the costs of corrupt contracting and the savings to be made from reform. Public procurement constitutes about one-third of government spending or 13 trillion USD per year. Fazekas, M., Dávid-Barret, E., Basdevant, O. GTI-R/2020:02, Budapest: Government Transparency Institute.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Contract Data Management With AI

ivalua

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. A specific application for Procurement involves contract analysis.

Data 60
article thumbnail

Contract Analysis leveraging AI – A Technical Overview

ivalua

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repository. One of the initial use cases the team is tackling is for contract analysis. .

article thumbnail

Can British Businesses Fulfill Domestic Demands? Tender Contracts Can Help

Tracker Intelligence

As we’ll discuss, tender contracts are becoming an increasingly viable option for businesses to attract new suppliers and contracts. However, many businesses may not know where to turn when it comes to tender contracts. Public sector tendering contracts have many benefits. Are You Ready to Utilise Tender Contracts?

Tender 52
article thumbnail

Procuring AI without understanding it. Way to go?

How to Crack a Nut

Some of DRCF’s findings in the AI procurement report are astonishing, and should attract significant attention. The report is not specifically about public procurement of AI, but its content is relevant to assessing the conditions surrounding the acquisition of AI by the public sector. This is extremely worrying.

article thumbnail

Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

Sometimes action can be taken by the buyer that either does not affect the supplier or just requires their agreement. Putting a simple clause in your standard contract saying, “no slavery please” does not require anything other than the supplier to say “yes”.