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

The Procurement ClassRoom

Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. Similarly, the UNCITRAL Model Law on Public Procurement allows for restricted bidding but defines it as an exception rather than the norm. What is a Solicitation Tool?

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

The Procurement ClassRoom

Opportunity for Questions: These meetings provide a platform for prospective bidders or consultants to ask questions and seek clarifications. Addressing these queries before bid or proposal submission helps resolve ambiguities and ensures that participants have accurate information.

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Understanding Standard Bidding Documents in Public Procurement

The Procurement ClassRoom

Standard Bidding Documents , also known as tender documents or solicitation documents , are essential tools in the procurement process. These documents communicate the intent of the procurement entity to enter into contracts with suppliers, contractors, or consultants for the provision of goods , services , or works.

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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.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.

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Contract with the Government: Essentials for Businesses

Select GCR

Working with a contracting consultant can streamline the procurement process, offering valuable insights, proposal preparation assistance, and compliance management to help businesses successfully navigate federal contract requirements. Evaluate the consultant’s knowledge of specific agencies or set-aside programs relevant to your business.

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Mastering SAM Government Contracting

Select GCR

Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement. Failure to comply can result in penalties, including fines or suspension from federal contracting opportunities.