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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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Mastering SAM Government Contracting

Select GCR

Diving into government contracting with SAM requires a clear roadmap to success. 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.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

Bridging the digital divide: Implementing open procurement for effective digital transformation Digital transformation is arguably the most important administrative undertaking of governments around the world. Access to technical expertise Problem: Lack of specific technical expertise for informed choices within government.

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Contract with the Government: Essentials for Businesses

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Securing a contract with the government can be a game-changer for businesses, offering a stable revenue stream and growth opportunities. This article will guide you through the essentials of government contracting, from understanding different contract types to the steps required to secure a contract with government.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

In the UK, the government spends around £284 billion on public sector contracts every year. With so much money in play, it should be unsurprising that government procurement attracts so much interest. Even big names like Amazon, Dell, and Apple hold government contracts in England. What is Government Contracting?

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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. The two main categories of government contracts are fixed-price contracts and cost-reimbursement contracts.

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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.