Remove Competitive Bidding Remove Consulting Remove Public Procurement
article thumbnail

Understanding Standard Bidding Documents in Public Procurement

The Procurement ClassRoom

Introduction This article is based on the review of standard bidding documents from several organizations including the World Bank , Millennium Challenge Corporation , the Public Procurement and Concession Commission of the Republic of Liberia , and Public Procurement Authority of Ghana.

article thumbnail

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. Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. What is a Solicitation Tool?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Pre-Bid and Pre-Proposal Meetings: Similarities and Differences

The Procurement ClassRoom

The goal is to clarify any technical or procurement-related aspects, ensuring that all potential participants have a comprehensive understanding of the requirements. Opportunity for Questions: These meetings provide a platform for prospective bidders or consultants to ask questions and seek clarifications.

Bidding 52
article thumbnail

The four key drivers that can enable better IT procurement

Open Contracting Partnership

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. Solution: Open procurement encourages collaboration with external experts, leveraging public-private partnerships or industry consultations.

article thumbnail

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

American City & Country

These include: • Highly collaborative • Hands-on engagement between agency personnel, vendors and consultants • The project has clearly defined deliverables (with project milestones) • All parties are fully invested and committed to providing all resources necessary to drive success.

Import 111
article thumbnail

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. Before joining the team, I was a consulting engineer for a small firm and part of my job was submitting RFX responses to the public sector. That’s right, I was on the vendor side!

article thumbnail

How was 2020 for a Bid Manager?

Tendersinfo

The EU has adapted to various public procurement rules that are centered on boosting up the economy and prepare for future crises. Bid managers are already looking out for newer opportunities in the government procurement projects and attempting to expedite their services to do good the damage caused during the lockdown.

Bidding 52