Remove Buyers Remove Price Remove Procurement Contracts
article thumbnail

The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

Vendors would not trust the Director; fellow procurement professionals would treat the Director differently and there would be a possibility of being sued by the disgruntled compliant bidders. For example, a Buyer was tasked with ordering scientific equipment and lab supplies for a university in Africa. The money was sent.

Ethics 98
article thumbnail

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

It can lead to a bid dispute or the procurement award being overturned. Communication The project plan for high value, complex or critical operational procurement includes a comms plan to increase vendor interest in the procurement. The latter is a potential issue as it is viewed as being bias.

article thumbnail

Collaborative Frameworks update: June 2024

Scottish Government Procurement

Framework Public Bodies will be notified in advance of the effective date of any new pricing and a new Lyreco catalogue will be uploaded in due course. Most notably this will include the transition from ninth Generation iPad to tenth Generation as a core device with a reduction in the core product price from £295.41 to £281.31

article thumbnail

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).

article thumbnail

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.

article thumbnail

Contract Data Management With AI

ivalua

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer.

Data 60