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

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. How has the evaluation criteria changed? How will the increased transparency impact suppliers?

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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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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

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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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What is a Tender in Construction? Your Essential Guide

Tracker Intelligence

Introduction to Construction Tenders Securing lucrative contracts in the dynamic engineering and construction industry requires an understanding of the tendering process. A formal call for bids on a project, known as a tender, initiates the bidding process among prospective contractors.

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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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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

Technical Evaluation Another popular strategy is to incorporate “green procurement” considerations into the technical evaluation for award in a procurement – for example, to give a “greener” product (one that caused less greenhouse gas emissions) more “points” in the evaluation.