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Publicprocurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart PublicProcurement?
Author: Graham Allen It is often said, “… working in publicprocurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by publicprocurement professionals. Preparation Each procurement is technically a legal case waiting to happen.
It was announced yesterday that the Portuguese train company (CP) chose a consortium headed by Alstom as the preferred bidder for its first major train procurementcontract in many decades. The procurement procedure was launched in December 2021 and adopted a MEAT approach for the award criteria.
for public entities to arbitrate disputes relating to the financial performance of public works and supply contracts ( Article L. 2197-6 of the PublicProcurement Code ) and to include arbitration agreements in public-private partnerships so far as French law applies ( Article L.2236-1 2111-14 and L.
Check Trade Publications for Tender News Specialist development consultancy consortium and government contracting sector publications offer excellent visibility into upcoming private and publicprocurement tenders beyond advertised portals.
Hire independent contracted recruiters. Show your agency’s colors and attend college events, job-fairs, trade shows and other industry events. She urges local government officials to either attend or create career events at venues where diverse populations gather. Hire in-house recruiters.
Many contacts are written in ‘legalese’ making them hard to understand let alone interpret in the event of a dispute. Once drafted the contract needs to be reviewed. A good practice is to ask one or two ‘non procurement professionals’ to review the contract to see if it makes sense.
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