article thumbnail

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

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. The interplay between these principles ensures the responsible and transparent management of public funds, crucial for meeting community needs while optimizing economic benefits.

article thumbnail

Understanding Standard Bidding Documents in Public Procurement

The Procurement ClassRoom

Introduction This article is based on the review of standard bidding documents from several organizations including the World Bank , Millennium Challenge Corporation , the Public Procurement and Concession Commission of the Republic of Liberia , and Public Procurement Authority of Ghana.

article thumbnail

7 Secrets to Quicky Become Proficient in Public Procurement

The Procurement ClassRoom

Introduction Many of us begin working as newly appointed public procurement practitioners with no idea of what to do or where to start. Over the years, I’ve come to the conclusion that to quickly achieve proficiency in public procurement management, there are seven things you need to do.

article thumbnail

Unlocking opportunities: How Ekiti State, Nigeria is enabling women businesses through better procurement practices

Open Contracting Partnership

But these businesses rarely take part in public procurement due to long-standing cultural barriers, overly bureaucratic processes and the sense that to win public contracts, they must have the right connections. The bidding process was also restructured to lower the barriers for such businesses to register and submit bids.

article thumbnail

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

Open Contracting Partnership

Challenge: In 2020, public procurement in the Dominican Republic lacked public trust and credibility due to several high-level corruption scandals. The island’s procurement agency faced more than 250 open complaints and allegations of collusion and low competition in the procurement process.

article thumbnail

Meet the Buyer 2024 – Get live advice on how to win work on Scottish Frameworks

Scottish Government Procurement

A lot is where a procurement process separates contracts into smaller categories, for instance geographical location or type of product. The idea behind using frameworks to procure goods, services or works, is that it makes larger opportunities more accessible to smaller businesses, by breaking them down into segments.

Buyers 69
article thumbnail

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. 12 goals of value for money and public benefit and s.13