Inter-American Development Bank

OCTOBER 31, 2024

Public procurement 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 Public Procurement?

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

Spend Network

DECEMBER 5, 2023

The UK government's new tightened payment terms for suppliers in public procurement contracts signals a vital move that will have far-reaching impacts across the business landscape when bidding for contracts.

Public Procurement 59

Public Procurement Supplier Procurement Procurement Contracts 59

The Procurement School

NOVEMBER 16, 2023

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I To accept the bid would put the organization at risk of being sued by all the other 6 compliant bidders for the value of this contract of $9 million plus up to 2 years of lost profit”, the Director replied.

Ethics 98

Ethics Import Procurement Public Procurement 98

How to Crack a Nut

APRIL 4, 2023

The report is not specifically about public procurement of AI, but its content is relevant to assessing the conditions surrounding the acquisition of AI by the public sector. The AI procurement report evidences that UK (public and private) buyers are procuring AI they do not understand and cannot adequately monitor.

Procurement 52

Procurement Buyers IT Public Procurement 52

Tracker Intelligence

FEBRUARY 8, 2024

Check Trade Publications for Tender News Specialist development consultancy consortium and government contracting sector publications offer excellent visibility into upcoming private and public procurement tenders beyond advertised portals.

Tender 52

Tender Consulting Management Bidding 52

Kluwer Arbitration

FEBRUARY 14, 2025

Ministry of Finance discourages government entities from using arbitration The backlash of the Supreme Courts decision in DMRC v. First, the Guidelines note that arbitration should not be automatically included in procurement contracts, particularly large contracts.

Balance 52

Balance Finance Government Government 52

Kluwer Arbitration

FEBRUARY 14, 2025

Ministry of Finance discourages government entities from using arbitration The backlash of the Supreme Courts decision in DMRC v. First, the Guidelines note that arbitration should not be automatically included in procurement contracts, particularly large contracts.

Balance 52

Balance Finance Government Government 52