Remove Buyers Remove Innovation Remove Transparency
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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). This further expands on the ambitions underpinning the Transforming Public Procurement project that started after Brexit. 94 PA 2023).

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. From there, the buyer can define the specific requirements for the solution and move to a request for a quotation to build the solution.

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Breaking down barriers: The challenges of federal micro-purchases for small businesses

Federal News Network

Despite the innovative solutions they offer, many face significant obstacles when trying to engage with federal agencies, particularly in micro-purchases. As a result, even when small businesses offer innovative, cost-effective solutions that meet the needs of the government, their opportunities to be selected are significantly reduced.

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Data-Driven Procurement: Transparency is Essential, Not Optional

ivalua

The business case for data-driven transparency is not hard to make. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible. Data is the lifeblood of supply chain transparency, but it can only be as good as what’s being inputted into the system.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

Government contracting is governed by public procurement policy agreements that regulate procurement activities and ensure transparency and fair competition conditions in the government procurement process. Being paid reliably means more risks can be undertaken elsewhere, using your new resources to innovate and expand your offering.

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The New Trend of Greenhushing

The Softly Spark

This misleading practice of making false green claims has left many buyers skeptical of products touted as eco-friendly. However, staying silent about your eco-friendly practices is not the solution – consumers crave transparency! Be transparent and qualify your green claims to maintain trust. Burt’s Bees, Inc.)

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In-Depth Analysis of Framework Agreements in Public Sector Procurement

Tracker Intelligence

These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, competition and sustainability. Common concerns include transparency, fairness, especially when small suppliers feel dominated by big competitors in multi supplier frameworks. What Are Framework Agreements?