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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Currently, the Bank conducts procurement for these investment projects, putting pressure on internal procurement capacity at the Bank, and missing an opportunity for domestic procurement teams to modernise their own countrys systems and upskill procurement teams.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

In his article “ The Future of Public Infrastructure is Digital “, Bill Gates envisions a world where infrastructure is smarter, more efficient, and digitally integrated. Foster sustainability by prioritizing green and energy-efficient technologies.

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IT integration problems are latest setback for DoD’s multibillion dollar moving system overhaul

Federal News Network

Unlike previous setbacks, the latest stumbling block isn’t related to the numerous legal challenges that have faced the Global Household Goods contract (GHC), which is worth up to $17.9 billion over nine years. This time, IT integration problems are to blame. Officials at U.S. So there’s a complete transformation occurring.”

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How to Stop Worrying About IT and Focus on the Data

GovLoop

It can be a drag on the performance of your overall IT environment, and on the efficiency and sustainability of that environment. For example, you might need more storage but can work with the existing compute and networking capacity. Legacy storage technology can be such a drag. For Alexander’s agency, it was a revelation.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. This reduction would not only lead to lower interest expenses but also stimulate GDP growth by fostering a more efficient economy.

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Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America

Inter-American Development Bank

This underscores the idea that compliancenot merely the existence of fiscal rulesis the key driver of fiscal sustainability and investment capacity. As a result, spending efficiency plays a key role in easing this dominance, as shown in Figure 3 below. Compliance in the region tends to be highly procyclical.

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Contract Management’s Impact on Procurement Efficiency

The Procurement School

The following article discusses the various steps of contract management and its role in procurement efficiency. But first a definition of efficiency. Efficiency involves achieving intended results while minimizing time, resources and effort. It is about doing things optimally or maximizing time and resource use.