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Pricing Federal Contract Bids: Do’s and Don’ts

Government Contracts & Global Trade

The most important section in your federal proposal and contract will always be pricing – just ask any CEO or federal buyer. But in today’s government market, there are a lot of areas that can confuse a contractor’s pricing strategy. And when you win the bid, the questions remain: “will we make a profit?”

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How to Bid on Government Jobs: A Practical Guide

Select GCR

Moreover, understanding the procurement processes of government agencies can significantly enhance your marketing efforts, allowing you to tailor your strategies to meet the unique needs of these major buyers. Government agencies as major buyers The U.S.

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Everyone, including top leaders, need to be on-board when agencies install new technology

American City & Country

Witt says government agencies need to examine and evaluate the entire buying process from purchase to implementation. Witt says he often points government buyers to the following quote as they begin any initiative: “If you can’t describe what you are doing as a process, you don’t know what you’re doing.” – Dr. W.

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Evaluate the Options: Vendor Networks

Procureware

Among them are aggregators that bring together buyers and sellers. They host requests for bids and tenders from buyers and allow vendors to submit bids to multiple organizations. In government co-ops, a lead government agency issues a solicitation for a good or service, evaluates proposals, and awards a contract.

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.

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Ethics in the Supply Chain

Oxford College of Procurement and Supply

With the ever-increasing awareness on human rights and sustainability it has become part of our due diligence requirements to not only evaluate suppliers against the classic areas as per Carter’s 10 Cs but also against their ethics in the supply chain. Buyers need to conduct ESG surveys to ascertain the supplier performance.

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How Lithuania fast-tracked green procurement

Open Contracting Partnership

The government took three key steps: i) careful planning for the green transition; ii) implementing green public procurement (GPP) in practice with a focus on building the capacity of public buyers; and iii) learning powered by data-driven monitoring with a public dashboard. Or how could buyers minimize the very real risk of greenwashing?