Public Contracting Institute

APRIL 1, 2024

In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment.

Public Procurement 52

Public Procurement Transparency Integrity Integration 52

Inter-American Development Bank

OCTOBER 31, 2024

This would result in large monetary and transactional savings for governments because, for example, approximately 25% of public contracts in the region require time extensions averaging nearly double their original terms, while around 13% experience budget increases of up to 50%. of GDP, according to FISLAC calculations.

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

The Procurement School

OCTOBER 22, 2024

Research and Understand The public sector is growing in procurement innovation, in understanding of its role in developing a healthy market capacity for competitive bidding, and in its responsibility to create opportunities for SMEs to participate and develop experience.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

Tracker Intelligence

NOVEMBER 20, 2024

This page explores the transformative power of procurement analytics, covering its types, benefits, practical applications, and future trends. It focuses on how public sector entities can enhance compliance and transparency. What is Data Analytics in Procurement?

Efficiency 52

Efficiency Procurement Data Supply Chain 52

Tracker Intelligence

NOVEMBER 14, 2024

Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52

The Procurement School

AUGUST 21, 2024

Outsourcing the procurement expertise is a growing option for smaller entities to consider. Many smaller public entities have formal associations [1] where they do outsource their procurement needs. This collaborative effort ensures that the procurement landscape remains fair, competitive, and cost-effective.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52