Remove Buyers Remove Finance Remove Tender
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Private Sector Tender Platforms and Databases

Tracker Intelligence

Private sector tender platforms and tender databases are specialised digital systems that provide businesses with a wide range of access to tender opportunities within the private sector. These platforms then collate all industry tenders to enable companies to search, filter, and track relevant contracts quickly.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

These frameworks have led to big efficiency wins: the traditional tender procedures take between four months and one year to complete while the framework procedure takes between four and six weeks on average. There is research to show that every additional tenderer leads to a price reduction.

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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?

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Procuring AI without understanding it. Way to go?

How to Crack a Nut

The one finding that should definitely not go unnoticed is that, according to DRCF, ‘ Buyers can lack the technical expertise to effectively scrutinise the [algorithmic systems] they are procuring, whilst vendors may limit the information they share with buyers ’ (at 9). This is extremely worrying.

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India’s federal procurement data infrastructure

Curbing Corruption in Government Contracting

In India, according to the Ministry of Finance General Financial Rules (2017), all procuring authorities are responsible and accountable for ensuring transparency, fairness, equality, competition, and appeal rights in contracting. Use unique standardised IDs for organisations—both buyers and suppliers—in addition to their names.

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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. Some are financed through subscription fees paid by vendors, a model that some procurement experts feel leads to lower supplier quality.

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Buying local, inclusive and green: How Iowa’s capital, Des Moines, is living its values through better procurement

Open Contracting Partnership

The city had no central online platform for identifying tendering opportunities. ” Scott Sanders Des Moines City Manager Open contracting approach In 2021, a team from the City Manager’s office and Division of Finance-Procurement began investigating how they might better fold equity and inclusion into Des Moines’ purchasing practices.