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The four key drivers that can enable better IT procurement

Open Contracting Partnership

But timelines, bureaucratic hurdles, and intricacies of the procurement process prevent the swift adoption of cutting-edge technology and potential for collaboration with innovative organizations that are essential for reforming existing processes. Purchased systems need to replace or work within existing systems.

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On technology buys, it’s important that agency stakeholders work together throughout the process

American City & Country

The single most important factor for any organization to consider when buying technology is collaboration, both internally and with potential solution providers. In many cases, our cooperative contracts qualify in most jurisdictions as competitively bid and awarded, making them eligible for expedited (or simplified) acquisitions processes.

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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I According to the Competitive Bidding Law of Canada, we can only accept compliant bids. This collaborative effort ensures that the procurement landscape remains fair, competitive, and cost-effective.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders.

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When should procurement be outsourced?

The Procurement School

Their CFO is required to ensure value for money and compliance with competitive bid laws. Outsourcing practices: Outsourcing the procurement functions from running a competitive bid through to supplier selection, can complement the need for internal responsibility. The answer is not an either-or decision.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

Government procurement refers to the purchase of common goods, works and services by government agencies, usually from private sector suppliers. Opportunities to Collaborate Getting involved with government procurement means you can apply your business’s industry knowledge to the public sector. What is Government Contracting?

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Commemorating 10 years of Bonfire

Bonfire

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Collaborating to find a way. Nearly 700 clients have collaborated with us over the last decade to help make Bonfire what it is today.