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Understanding the new Procurement Act 2023: What suppliers need to know - Part 2

VWV

How has the evaluation criteria changed? Under the new regulations, evaluations will now be assessed on the basis of 'Most Advantageous Tender' instead of the 'Most Economically Advantageous Tender'. Suppliers should ensure any commercially sensitive information is clearly marked when submitting tenders.

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How to Tender for Private Sector Contracts

Tracker Intelligence

Though private and public sector tenders may share similarities, there are key differences between each of them that can make things challenging for business owners who are not fully prepared or equipped with the necessary knowledge or resources. To find private sector tenders through Tracker Intelligence is a seamless process.

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Understanding Minor Deviations in Public Procurement

The Procurement ClassRoom

Throughout my career as a procurement practitioner, I have never seen bids submitted that are perfectly responsive to the evaluation criteria or requirements specified in the solicitation documents. Thus, deviations from the evaluation requirement could either be material/major or immaterial/minor.

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Did you know many Procurement Team in govt use MEAT as part of evaluation?

Tendersinfo

Most Economically Advantageous Tender (MEAT) is the measure for selecting the best out of the incoming bids based on factors that are related to the subject matter of the contract. This criterion of selecting the tender was announced by European Parliament in January 2014. Tender Evaluation is done as an aggregate of both aspects.

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Did you use AI to write this tender? What? Just asking! -- Also, how will you use AI to deliver this contract?

How to Crack a Nut

Second, there is the issue of tenderers using (generative) AI to write or design their tenders. Third, there is the issue of the use of AI by contracting authorities, eg in relation to qualitative selection/exclusion, or evaluation/award decisions. First, there is the issue of buying AI-based solutions or services.

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The Tender Process: Will the Future of Tendering Be Shaped by Gen Zs?

Tracker Intelligence

This means that the tender process will have to be streamlined and efficient if it’s going to appeal to Gen Zs. The tender process is an important part of business, and Gen Zs will likely have a big impact on its future. The tender process is an important part of business, and organisations must get it right.

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How To Win Management Consultancy Tenders In 2024?

Tracker Intelligence

Winning management consultancy contracts via competitive tender can be lucrative yet challenging. This article provides a comprehensive guide for consultancies on improving their chances of success when bidding for management consulting tenders, whether from government entities, NGOs, or private sector companies.

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