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Some examples of how competition in public procurement include better roads, increased digital infrastructure, and greater environmental compliance. Robust competition in public procurement can bring these promising outcomes. Yet, limited competition in the procurement landscape can be disastrous.
Seeing that real-world impact keeps us motivated to continue supporting procurementteams for years to come. When people ask me what the future holds for procurement, I think about what happens as more and more agencies digitize at scale. What happens is that procurement rises to be a value-add department within the agency.
When a contract for copy paper was due to expire, there was relatively little discussion about doing anything different but having procurement running an RFX. Everybody knew that a competitivebid would be issued to the usual suspects and that was the best way to determine value. i.e., trying gochugaru instead of cayenne.
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.
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