Remove Finance Remove Purchasing Remove Tender
article thumbnail

How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

Failed competitive tenderswhich previously offered a loophole for buyers to resort to direct awardshave dropped from 52% of the value of public tenders in 2018 to around 3% in 2022 to 2024. The total value of purchases during this period increased by 160%, reaching 12.37 The average number of bidders per lot rose from 3.16

article thumbnail

The UK's AI Opportunities Action Plan -- a procurement view

How to Crack a Nut

The plan also formulates a series of core principles underpinning those goals, which include the need to Invest in becoming a great customer: government purchasing power can be a huge lever for improving public services, shaping new markets in AI, and boosting the domestic ecosystem.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

In Kazakhstan, opening up procurement boosts public oversight and prevents millions in wasteful spending

Open Contracting Partnership

In the Kun Jarygy coalition’s first year, they detected 270 purchases with violations, resulting in five criminal cases and KZT 11.38 And the media outlet ProTenge has stopped suspicious purchases worth at least US$3 million. The media outlet ProTenge has stopped suspicious purchases worth at least US$3 million.

article thumbnail

Digging out data to shine a light on public buying in Mongolia

Open Contracting Partnership

To tackle this problem, the country has proposed wide-ranging legislation , including an anti-corruption package with measures to standardize the operations of Mongolia’s state-owned enterprises (SOEs) and ensure they follow consistent rules throughout processes like tendering and procurement, among others.

Data 123
article thumbnail

The impact of AI on public procurement: Introducing a new series

Open Contracting Partnership

We recently published a blog post that provides a gentle introduction to AI in procurement, illustrating the thinking and work that needs to go into even relatively straightforward processes such as comparing green criteria for public contracts against real tender notices. An integrated, multifunctional team.

article thumbnail

Public vs. private sector procurement: key differences

Tracker Intelligence

Businesses must understand the key differences between the public and private procurement methods, regulations, and goals when c onsidering tender opportunities in either sector. Private sector companies are interested in purchasing goods and services that will make them more competitive, increase production, and ultimately increase profits.

article thumbnail

Scottish Procurement Vlog – September 2024

Scottish Government Procurement

And then in August, Mr McKee, the Minister for Public Finance, visited Dovetail Enterprises to hear about the important role supported businesses continue to play in boosting the Scottish economy through delivering goods and services, and providing meaningful employment, training and support, for those of us who may otherwise be excluded.