Remove Capacity Remove Efficiency Remove Transparency
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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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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition. The IFB or Bidding Documents are then employed as solicitation tools to engage suppliers and ensure a transparent process.

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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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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. This limits its utility and efficiency for both the Bank and its clients.

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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 is an asset that strengthens both public and private investment.

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10 success factors for implementing e-procurement system

Open Contracting Partnership

Public procurement needs to be more transparent, efficient, and accountable to tackle the major social and economic challenges faced by governments across the world. Transparency on legal and regulatory frameworks To make e-GP systems work effectively, it’s essential to have supportive legislative arrangements in place.

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Chief Administrative Officer working on guidance, training for congressional AI use

FedScoop

So if the data governance is to succeed in building trust” during an especially critical moment in history, then that “data has to be accessible, transparent and representative.” Joe Morelle, D-N.Y., This is all very exciting, but we need to be careful. The House will face elevated cyber risks.

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