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Government expenditure through publicprocurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. Having a solid understanding of publicprocurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement.
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.
Step 1: Post Solicitations Online Public notification of bid opportunities is a cornerstone of publicprocurement in most developed countries. Solicitations can be published on websites using basic content management software while e-procurement platforms, such as ProcureWare, make the process much easier.
For example, Section 30 of the PublicProcurement and Concessions Act of the Republic of Liberia (PPCA-2010) states that evaluation of bid and recommendation for award is solely the function of the Bid Evaluation Panel. Evaluation Criteria Evaluation criteria are the standards against which bids are evaluated.
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