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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

It is concerned with the “what” of public procurement—focusing on procuring goods , services , and works that meet specific requirements, delivered on time, within budget, and at the required quality. This supports not only the public sector entity and its stakeholders but also the broader community.

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Understanding Standard Bidding Documents in Public Procurement

The Procurement ClassRoom

These documents communicate the intent of the procurement entity to enter into contracts with suppliers, contractors, or consultants for the provision of goods , services , or works. Quality Requirements : They describe the quality and specifications of the goods , services , or works required.

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A red light for corruption: How the Dominican Republic is using open data, better processes & collaboration to fight corruption

Open Contracting Partnership

Public contracts matter, he says: “The government allocates 32% of the country’s budget towards goods, services, and public works, to secure the rights and enhance the quality of life for citizens. DCGP’s data quality has continuously improved over the last decade, enabling increasingly detailed analysis.

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Pre-Bid and Pre-Proposal Meetings: Similarities and Differences

The Procurement ClassRoom

Enhanced Submissions: By providing detailed information and addressing questions, these meetings help potential bidders or consultants prepare more accurate and competitive bids or proposals, ultimately improving the quality of submissions. Conclusion Both pre-bid and pre-proposal meetings are integral to the public procurement process.

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The Key Pillars of Third-Party Risk Management

ivalua

TPRM is the process of identifying, analyzing and mitigating risks related to third parties–including suppliers, partners, contracts, service providers, etc). The main categories of risk are covered in Figure 1 to include supply chain, information security, location, CSR or ESG, financials, regulations, quality and reputation.

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The Procurement Act 2023’s Kaleidoscopic View of the Public Interest

University of Bristol

The paper will be published in Legal Studies in due course.(*) Public procurement is concerned with the award of contracts for the supply, for pecuniary interest, of goods, services or works to the public sector. At first look, s.12(1) Equally, in ss.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Source-to-Pay is typically broken into two parts – upstream and downstream.