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

The Procurement ClassRoom

Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used. What is Solicitation in Procurement?

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

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.

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Commercial Opportunity for the VA Medical Supply Chain 

The Coalition for Government Procurement

The Coalition for Common Sense in Government Procurement (the Coalition) continues to collect recommendations for the Government Procurement Efficiency List (GPEL). As a threshold matter, it is important to note that the remaining 85 percent of supplies and products are ordered manually across the VA.

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The nexus between data management tools, transparency and procurement policy

Federal News Network

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Such access is in the public interest because it promotes efficiency and realism.

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The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Such access is in the public interest because it promotes efficiency and realism.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements. Thankfully, there are methods that encourage procurement simplification and SME participation while maintaining a balance between risk, quality, and standards.

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The Public Procurement Glossary

Tracker Intelligence

Value: Smart Spending, Not Just Cheap Deals It’s not just about the lowest priceit’s about quality, long-term savings, and corporate social responsibility. The best choice isnt just about priceits about quality, timelines, and reliability. It outlines pricing, service quality and other key details.