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Staff Squeeze May Be Limiting Small Biz Roles In Procurement

Government Contracts

The federal government has introduced several strategies over the last decade to help small businesses vie for procurement contracts, but overstretched acquisition staff may have limited capacity to deploy these strategies and reverse a downward trend in small business participation.

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Why the tender for 117 new trains in Portugal is illegal

Telles.eu

It was announced yesterday that the Portuguese train company (CP) chose a consortium headed by Alstom as the preferred bidder for its first major train procurement contract in many decades. The procurement procedure was launched in December 2021 and adopted a MEAT approach for the award criteria.

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

Inter-American Development Bank

As a result, addressing passive waste through capacity-building measures can generate large savings for governments. By neglecting passive waste, countries miss opportunities to fully leverage public spending, as inefficiencies in execution can render otherwise well-intentioned procurement efforts ineffective.

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How exporting weapons becomes risky for contractors who make the exports

Federal News Network

Interview Transcript: Tom Temin And we think of the defense industrial base has strained in terms of capacity to manufacture what’s needed around the world and, you know, missile systems and ammunition and so forth. procurement contract. But what’s emerging is the political risk. Regulatory risk.

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Contractors find some ‘buying forecasts’ better than others

Federal News Network

So what have we done to substitute that face to face communications, which by the way, has limits in terms of scope and capacity. Ultimately, the procuring contracting officer has to make the present responsibility determination before awarding the contract. Not everybody can meet everybody all the time.

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The Benefits of AI in Procurement

Oxford College of Procurement and Supply

AI can reduce time spent on some procurement processes by up to as much as 60%, especially when utilised to its 24/7 operating capacity. By utilising AI, companies can streamline the entire procurement and supply process while allowing procurement teams to focus on higher value-added tasks.

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Contract Management’s Impact on Procurement Efficiency

The Procurement School

A transactional contract management activity is to establish procurement contract templates to include standard terms and conditions, payment terms and dispute resolution mechanisms, which can be tailored to specific types of procurements. It frees up time for developing proactive strategic supplier relationships.