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Innovation procurement under the Procurement Act 2023 -- changing procurement culture on the cheap?

How to Crack a Nut

On 13 November 2023, the UK Government published guidance setting out its ambitions for innovation procurement under the new Procurement Act 2023 (not yet in force, of which you can read a summary here). Using product demonstrations alongside written tenders will help buyers get a proper appreciation of solutions being offered by suppliers.

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Smarter collaboration: How Mexico City delivers major projects through inclusive planning

Open Contracting Partnership

Mexico City has devised an efficient, participatory, and transparent approach to seek input from potential suppliers and the public on draft contracting documents before a formal call to tender is announced. In October 2024, use of the pre-bidding module became mandatory for Mexico City’s buyers. What’s next?

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Open government procurement drives innovation using the cloud

AWS Public Sector

Unexamined custom and practice, for example, outdated processes or habitually reusing established contracts, limits visibility, reduces competition, and stifles innovation.” This made it simpler for specialists to bid for government work and increased government access to technology innovators. By 2015, there was a £4 billion ($5.09

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

But timelines, bureaucratic hurdles, and intricacies of the procurement process prevent the swift adoption of cutting-edge technology and potential for collaboration with innovative organizations that are essential for reforming existing processes.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

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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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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

The Advantages of Public Sector Contracts Tendering for government contracts can unlock amazing opportunities for your business. Being paid reliably means more risks can be undertaken elsewhere, using your new resources to innovate and expand your offering. For any business, collaboration begets innovation.