Remove Competitive Bidding Remove Framework Agreement Remove Innovation
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Enhancing Competition in Public Procurement: Lessons from the NAO Report

Tracker Intelligence

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. However, a recent National Audit Office (NAO) investigation has found that there are major obstacles to competition in this sector.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

Being paid reliably means more risks can be undertaken elsewhere, using your new resources to innovate and expand your offering. For any business, collaboration begets innovation. It shows your business has excelled in the competitive bidding process. For any business, collaboration begets innovation.

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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. Continually promoting competition helps to ensure access to innovative solutions.