Remove Buyers Remove Innovation Remove Transparency
article thumbnail

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).

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.)

article thumbnail

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?

article thumbnail

Procuring AI without understanding it. Way to go?

How to Crack a Nut

The UK’s Digital Regulation Cooperation Forum (DRCF) has published a report on Transparency in the procurement of algorithmic systems (for short, the ‘AI procurement report’). Second, the report does not make explicit whether the mix of buyers from which it draws evidence includes public as well as private buyers.

article thumbnail

New CEO Nate Haskins is Ready for Our Next Chapter

GovSpend

Government procurement should be transparent and efficient. With troves of information available, the marketplace should be a breeding ground for data innovation, revealing opportunities. But that effort results in transparency and insight that is like a cheat code, an unfair advantage for those who subscribe to GovSpend.

Data 105