Remove Competitive Bidding Remove Contract Management Remove Purchasing
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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

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When should procurement be outsourced?

The Procurement School

Instead, departmental staff are expected to successfully manage the process, which is unrealistic. Their CFO is required to ensure value for money and compliance with competitive bid laws. External advisors are in a good position to recommend the type of competitive bidding process which can optimize the competitive tension.

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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. Public sector professionals must responsibly procure goods and service contracts on behalf of the taxpayer.

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Contract with the Government: Essentials for Businesses

Select GCR

These include Indefinite Delivery and Quantity Contracts (IDIQ) and Incentive Contracts, each with its applications and nuances. Governmentwide Acquisition Contracts (GWACs) allow multiple government agencies to purchase goods or services from a single contract vehicle.

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Winning Strategies for the Aspiring Government Contractor

Select GCR

Multiple Award Contracts (MACs) and Governmentwide Acquisition Contracts (GWACs) are two important contract types, with GWACs specifically designed to streamline the acquisition process for IT solutions and services. Furthermore, the federal contracting process has a beneficial aspect called Small Business Set-Asides.

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Negotiating Contracts in Canada: Tips for Contract Managers

The Procurement School

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. There can be various types of services which supply chain consultants can provide.