Government Contracts Procurement Strategies Public Procurement 
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 Contracting Institute
APRIL 1, 2024
In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. Efficiency Streamlines processes with smart contracts, reducing bureaucracy and paperwork. Trust Builds trust among stakeholders through a decentralized and transparent system.
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Tracker Intelligence
DECEMBER 16, 2024
Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. If not resolved quickly, these issues could lead to higher costs, less innovation and missed opportunities to improve public services.
Tracker Intelligence
JULY 20, 2022
Even big names like Amazon, Dell, and Apple hold government contracts in England. The popularity of government contracting is a testament to how beneficial the process can be for your business. And how can you stand apart from the competition to win government procurement contracts in the first place?
The Procurement School
OCTOBER 22, 2024
The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements. The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement.
Tracker Intelligence
NOVEMBER 14, 2024
Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. These attributes can be linked to creating key performance indicators that leverages sustainability factors and contract management.
Tracker Intelligence
MARCH 12, 2025
Public procurement is not just about ensuring a single contract; instead, it requires a long-term strategy to stay ahead of the competition. Success in this space requires more than just submitting bids; it demands strategy, consistency, risk management, and a deep understanding of the ever-evolving rules.
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