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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. These methods may include Shopping , Limited Competitive Bidding , Force Account , or Direct Contracting. What is a Solicitation Tool?

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

American City & Country

With this blurring of lines, duties and responsibilities within traditional IT roles, Mitchell says it is important to also have legal, HR, procurement, compliance and operations at the table to aid in negotiations. Iron Mountain has maintained a variety of cooperative contracts with public sector agencies.

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Mastering SAM Government Contracting

Select GCR

Diving into government contracting with SAM requires a clear roadmap to success. SAM.gov stands as a crucial portal for businesses seeking federal contracts. This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy.

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Understanding Contract Types Government Agencies Use

Select GCR

If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. This guide cuts through the complexity, offering a concise overview of each contract type’s structure and purpose in federal procurement.

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Being responsible for Procurement at the city, county or state level is a big deal and it directly impacts citizens.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts. For instance, instead of conducting lengthy RFP processes, your team can access ready-made contracts with industry leading suppliers.

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Private Sector Tender Platforms and Databases

Tracker Intelligence

These platforms then collate all industry tenders to enable companies to search, filter, and track relevant contracts quickly. Due to frequent updates, alerts on bids, and comprehensive information about projects, these platforms help identify new opportunities quickly. How Are Public Sector Contracts Different From Private Contracts?

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