Remove Ethics Remove Price Remove Procurement Contracts
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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

Many organizations have written policies and guidelines on Ethics, but is this situation an Ethical or Moral issue? In conducting research for this article, I found many definitions of ‘Ethics’. I asked a search engine ‘What is the difference between Morals and Ethics?’ Mind1(1) ‘Ethics deals with right or wrong conduct.

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What is the FAR: Your Guide to the Federal Acquisition Regulation

Select GCR

Key Takeaways The Federal Acquisition Regulation (FAR) is the comprehensive set of rules that govern the procurement process of the US federal government, ensuring consistency, ethical practice, and efficiency across all executive agencies.

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Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

Contract management cannot foresee all issues and therefore a defined resolution process is important. A recent example in longer term older contracts is inadequate price escalation clauses that are not responsive to the current inflationary environment.

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The Public Procurement Glossary

Tracker Intelligence

Governments aim to support ethical, sustainable businesses while getting the best value. Fairness: Equal Opportunity for All Public procurement is built on fair competition. Whether you’re a big company or a small supplier, everyone should have a shot at winning contracts based on merit.

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Transparency and Compliance Procurement data analytics allows public sector businesses to increase transparency by having up-to-date information on supplier risk, spending analysis, and procurement contracts. Focus on Sustainability Sustainable and ethical procurement is becoming a priority for procurement departments.

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Friday Flash 08/23/2024

The Coalition for Government Procurement

4 The Court rejected the government’s contention that because OTs are not procurement contracts subject to the Federal Acquisition Regulation (“FAR”), they are necessarily removed from the Court’s bid protest jurisdiction. Examining the text and legislative history of the OT statutes at issue (i.e.,

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Procuring AI without understanding it. Way to go?

How to Crack a Nut

the highest) performance metric to win procurement contracts ‘, while ‘ not all buyers may have the technical knowledge to understand which performance metrics are most relevant to their procurement decision ’ (at 10). Some vendors raised concerns that their competitors choose the most favourable (i.e.,