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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Rethinking Contract Management is Key for Smart Procurement Achieving smarter procurement requires a delicate balance of incentives and oversight. To achieve this, governments need to rethink how they do and manage contracts, meaning that contract designs should align with the complexity of transactions.

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Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

Many times, an awarded technical procurement is given to a generalist to implement and it is important that they understand the procurement requirements. Evaluation The evaluation needs to be completed as described in the procurement document. Reviewing performance is a key aspect of regular contract review meetings.

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Contract Management’s Impact on Procurement Efficiency

The Procurement School

Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.

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The Public Procurement Journey: Tools for Modern Challenges

ivalua

Why is modernizing these processes and tools so important? . This bill sends plenty of money to the state and local governments–but along with these allocations comes solicitations, procurements, contracts, deadlines, reporting requirements, and other overhead. Total estimated infrastructure bill allocations: Source.

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What is the FAR: Your Guide to the Federal Acquisition Regulation

Select GCR

The FAR is meticulously structured into subchapters, parts, subparts, sections, and subsections, providing detailed guidance for government procurement, from planning through contract management to compliance and enforcement. In this context, it is essential to be aware of the Cost Accounting Standards Board and its regulations.

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

Now there is a time and a place for price negotiation of course, but if you are an organisation where speed, innovation and agility is really important, key suppliers who play essential roles need to be handled differently. . However, supplier collaboration is much easier to talk about than implement.

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Contract with the Government: Essentials for Businesses

Select GCR

Nevertheless, proficient cost management is of utmost importance. Steps to Secure a Government Contract Obtaining a government contract necessitates a systematic procedure. The Federal Acquisition Regulation (FAR) outlines systematic procedures for crafting procurement contracts, ensuring consistency and fairness.