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Innovation Through Procurement: Across Europe

Public Procurement Intl

Spurred by the report on The Future of European Competitiveness led by former Italian Prime Minister Mario Draghi, institutions across Europe are examining how to promote innovation through public procurement. procurement research communities. Meerschoek, W. Jannsen, E.

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Marking 10 years and $120 billion of better public procurement for people

Open Contracting Partnership

10 years ago, we launched the Open Contracting Partnership from a single desk in snowy Washington DC with the grand ambition to transform public procurement, the world’s largest marketplace. We were never just after a bit more transparency though, we wanted to transform how procurement is done.

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies.

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

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

The achievement Kazakhstan has seen a dramatic decline in the use of single-source procurement in recent years. In the general public procurement market (valued at around US$19 billion annually), direct awards have dropped from 81% of the value of all procedures in 2017 to 23.5%

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Revolutionizing public procurement in Uganda: the power of citizen contract monitoring

Open Contracting Partnership

Challenge: Uganda’s public procurement authorities lack adequate resources and manpower to monitor many major contractors across the country’s more than 100 districts, leading to abandoned projects, missing deliverables and time and cost overruns. We only have three regional offices and hundreds of buyers.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

However, one critical element often overlooked in these discussions is public procurement. Far from being a mere bureaucratic task, procurement is the mechanism through which governments acquire the infrastructure and technology needed for this transformation.