The Procurement ClassRoom

NOVEMBER 16, 2024

Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition.

Procurement 105

Procurement Competitive Bidding Bidding Supplier 105

The Procurement ClassRoom

JUNE 2, 2024

Importance of Accuracy and Clarity The accuracy and clarity of bidding documents are crucial. Faulty information in these documents can lead to bids that do not meet the actual needs of the procuring entity , compromising the integrity and effectiveness of the procurement process.

Public Procurement 91

Public Procurement Bidding Procurement Bidder 91

The Procurement ClassRoom

JUNE 19, 2024

Enhanced Submissions: By providing detailed information and addressing questions, these meetings help potential bidders or consultants prepare more accurate and competitive bids or proposals, ultimately improving the quality of submissions. Differences Between Pre-Bid and Pre-Proposal Meetings 1.

Bidding 52

Bidding Bidder Consulting Participation 52

The Procurement School

OCTOBER 22, 2024

The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. Appreciate the Benefits SMEs are integral to the Canadian economy because they enhance the cycle of money in the financial equation.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

The Procurement School

AUGUST 21, 2024

Their CFO is required to ensure value for money and compliance with competitive bid laws. Outsourcing practices: Outsourcing the procurement functions from running a competitive bid through to supplier selection, can complement the need for internal responsibility. Outsourcing is a logical option.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52

Select GCR

SEPTEMBER 3, 2024

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.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Open Contracting Partnership

MARCH 28, 2024

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 contracting fosters competition among vendors, reducing costs through competitive bidding.

Procurement 138

Procurement Framework Agreement IT Public Private Partnership 138