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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. A fair and equitable procurement system prevents favoritism, promotes competition, and allows new entrants to participate.

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Roundtable roundup: Best practices for crown corporation procurement

Bonfire

Participants heard from industry experts, shared best practices, and forged new connections with their peers. Roundtable participants said under a certain threshold (around $100K for services and $25K for goods) their client departments have full discretion on how to source. Inflation is a real concern for public sector budgets today.