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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. Here are three key things that weve learned: 1) Procurement is powerful Our world runs on public contracts.

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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. DIANA was established by NATO to find and accelerate dual-use innovation capacity across the Alliance. Meerschoek, W.

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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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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. The results The numbers tell a compelling story.

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Strengthening public procurement in Africa: a conversation with Joyeuse Uwingeneye

Open Contracting Partnership

It’s an appropriate workplace for the woman spearheading efforts to increase transparency and oversight of public spending in Rwanda, by digitalizing the platform running the country’s public procurement and professionalizing its workforce and processes. The system is decentralized, with institutions having capacity in-house.

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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.

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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. Single Source : In some cases, procurement may rely on a single known supplier , especially when no alternative options exist, or time constraints make broader competition impractical.