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

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

However, one critical element often overlooked in these discussions is public procurement. Far from being a mere bureaucratic task, procurement is the mechanism through which governments acquire the infrastructure and technology needed for this transformation.

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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

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.

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The Role Of Social Value In Public Procurement: Driving Community Impact

Tracker Intelligence

Public procurement these days is not just about acquiring goods and public services at low costs. Social value is a transformative approach shaping how public contracts are awarded and executed. What Is Social Value In Public Procurement? Why Does Social Value Matter In Public Procurement?

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Our 2030 vision: Better procurement for people and planet

Open Contracting Partnership

Public procurement should be all about people. That’s why we are leading our new strategy with a bold ambition that puts people right at the center of our work and impact. Our world runs on public contracts. Public procurement covers $13 trillion of spending every year, one in every three dollars spent by our governments.

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

A number of webinars we have held at GW Law School, including a July 2024 series on emerging international best practices, confirmed that there are many parallels between these “green procurementstrategies. Strategies In “Green Procurement,” 66 Gov. Planning The first strategy looks to procurement planning.

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Addressing Challenges In Public Procurement: Overcoming Barriers to Efficiency And Compliance

Tracker Intelligence

Public procurement plays a significant role in economic and social growth by assuring that governments deliver vital services and infrastructure to their societies. This article will focus on tackling challenges in the public procurement process and suggests practical solutions for these challenges.