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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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Public Procurement: Delivering Value to a Community While Making Profit

Tracker Intelligence

When the government purchases goods and services from private businesses, the process is known as public procurement. Public procurement matters because it boosts growth, investment, and jobs. In short, public procurement allows local businesses to serve their communities and taxpayers well.

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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

They worked very hard to ensure the export documentation for all the products was correct including the stuffing in the crate and the crate itself. There are several guidelines, directives and documentation that outline ethical behaviour for the public sector. On a global perspective, ethics may be different. The risk is high.

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Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

Author: Graham Allen It is often said, “… working in public procurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by public procurement professionals. Preparation Each procurement is technically a legal case waiting to happen.

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Exploring the Foundations of Canadian Contract Law within Procurement Practices

The Procurement School

Practical Application: When engaging in procurement practices, it is crucial to ensure that all communications and interactions with potential suppliers adhere to these basic principles. Canadian contract law emphasizes the importance of clearly defining the rights, obligations, and expectations of all parties involved.

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Find a Tender Service – Secure High-Value Public Contracts in the UK

Tracker Intelligence

Making Compliance Easier in the Tendering Process Navigating the requirements for compliance among different contracting authorities in public tenders can be difficult. Tracker facilitates this area by offering features that allow for efficient document handling.

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Navigating Contract Termination Procurement Act 2023

Tracker Intelligence

Contract termination in public procurement under the Procurement Act 2023directs to the lawful termination of a contract between acontracting authorityand a supplier, providing compliance withpublic contracts regulations.