article thumbnail

Tab for access: How New York City is increasing participation and access to government contracts

Open Contracting Partnership

What we want to change is that we want to demystify public procurement, take the curtain back and show that everyone can access it if they want to. I’m hoping that we can continue to expand PASSPort Public and its tools, and continue to partner with all the people who use our services.

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

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?

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

OCP in 2025: our plans for impact, inclusion, innovation plus a significant birthday

Open Contracting Partnership

Government accountability, climate resilience and supporting inclusive economies remain top priorities for leaders around the globe, and stronger public procurement will play a critical role in delivering on them. February: The UKs new public procurement regime goes live.

article thumbnail

A focus on people: Delivering better public procurement

Open Contracting Partnership

Procurement shapes local economies Beyond service delivery, public procurement profoundly impacts local economies. governments spend $4.4 But, small businesses often struggle to secure government contracts, facing barriers such as complex procurement processes and systems that favor large, incumbent firms.

article thumbnail

10 common myths holding women back in government contracting and leadership

Open Contracting Partnership

As we celebrate, we find ourselves at the crossroads of progress and potential, confronting the myths holding women back from participating in public procurement and attaining certain heights in leadership. Myth 1: Women-led and -owned businesses cannot successfully deliver government contracts Women are excelling in business.

article thumbnail

UK public procurement: Poor payers may find it harder to win government contracts

LoupedIn

A look at Procurement Policy Note 08/21 Background Applicability Mechanism Criteria From 1 April 2022, in all relevant procurements: The bottom line The post UK public procurement: Poor payers may find it harder to win government contracts appeared first on LoupedIn.

article thumbnail

The 3 revolutions of public procurement in Africa

Open Contracting Partnership

Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. Procurement was long seen as a clerical administrative function, rather than a strategic lever. This was not always the case.