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Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I According to the CompetitiveBidding Law of Canada, we can only accept compliant bids. I cannot” replied the Director. “Why Why not” asked the VP. ABC’s was late and deemed non-compliant.
The suggestions apply to all segments of competitivebidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements.
Their CFO is required to ensure value for money and compliance with competitivebid laws. Outsourcing practices: Outsourcing the procurement functions from running a competitivebid through to supplier selection, can complement the need for internal responsibility. Outsourcing is a logical option.
Failure to meet responsibility requirements can lead to a contract award being denied, even if a company submits the most competitivebid. The post Govology Webinar Announcement! Register here.
Competitivebids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. Supplier performance had never been measured.
Competitivebids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. Supplier performance had never been measured.
Be careful to only select Canadian ones due to our CompetitiveBidding Laws and Trade Agreement obligations for the public sector. From procurement management courses to ongoing procurement webinars, resources are available to help you stay informed and up-to-date with the ever-evolving world of procurement.
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