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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies.

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Understanding the new Procurement Act 2023: What suppliers need to know - Part 2

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. The updated exclusion and debarment regime marks one of the Act's biggest changes for suppliers, introducing a publicly centralised debarment list.

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GSA is cooking up a new, comprehensive procurement data source

Federal News Network

Given that agencies spend hundreds of billions of dollars on goods and services the more procurement data it has, the better it can understand trends and ‘manage’ procurement. There is an efficiency for the contracting officer and efficiency for the supplier efficiency for the contract agency.

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Preparing for the central digital platform: Key updates, supplier actions, and data protection insights under the Procurement Act

VWV

With the Procurement Act 2023 set to go live on 24 February 2025, the Cabinet Office has been releasing guidance notes to help both contracting authorities and suppliers prepare. Separate guidance for contracting authorities in Wales is expected but has not yet been published at the time of writing.

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Public Safety Starts with Smart Procurement

American City & Country

With the responsibility of protecting attendees, crowd control, and maintaining security, procurement teams play a critical role in making sure the staff has everything they need to execute the event. Procurement teams must source reliable security services that can scale up depending on the size and complexity of the event.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance.

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What is Cooperative Purchasing & How Does it Benefit Public Sector Procurement?

American City & Country

In today’s fast-paced and budget-conscious public sector environment, efficient procurement practices are more crucial than ever. Let’s explore what cooperative purchasing entails and delve into the myriad ways it can revolutionize public sector procurement. What is Cooperative Purchasing? Your Peers are Using Cooperatives!