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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

But beyond the financial rewards, what does your business stand to gain from getting involved in public procurement with the government? And how can you stand apart from the competition to win government procurement contracts in the first place? The popularity of government procurement contracts has persisted ever since.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).

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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.

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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

Along with the rise of automation and AI, which reduce much of the traditional Procurement workload, these external drivers mean we must find a new role if we want to add real value. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.

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Collaborative Frameworks update: June 2024

Scottish Government Procurement

The Centres of Expertise (CoEs) and the Civils UIG have noted/endorsed, respectively, the Procurement Strategy. Scotland Innovates receive submissions from businesses for innovative goods and services which may be beneficial to the entire Public Sector. From all submissions received 81% were market ready and 91% were from SMEs.

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Women-Owned Business Certification Programs “Sello Empresa Mujer”: An Effective Tool to Promote Women’s Participation in Public Procurement

Inter-American Development Bank

It is estimated that less than one percent of the $10 trillion spent annually on global public procurement is awarded to women-owned businesses. [1] 1] There are different restrictions that explain this low participation of women-led companies in the awarding of public procurement contracts.

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Digital procurement, PPDS and multi-speed datafication -- some thoughts on the March 2023 PPDS Communication

How to Crack a Nut

Following the same rhetoric of transformation, the PPDS Communication now stresses that ‘ Integrated data combined with the use of state-of the-art and emerging analytics technologies will not only transform public procurement, but also give new and valuable insights to public buyers, policy-makers, businesses and interested citizens alike ‘ (at 2).