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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition. The IFB or Bidding Documents are then employed as solicitation tools to engage suppliers and ensure a transparent process.

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

Inter-American Development Bank

To start the conversation about how to better address these challenges, FMM organized the first Regional Policy Dialogue aimed at developing an innovative agenda to transform public expenditure management through smarter procurement practices.

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Senate bill to create NSF-awarded AI challenges gets House companion

FedScoop

A Senate bill that would task the National Science Foundation with overseeing a multimillion-dollar competition on artificial intelligence innovations now has a House companion from the leaders of the chamber’s AI task force. The AI Grand Challenges Act from Reps. Jay Obernolte, R-Calif., and Ted Lieu, D-Calif., Cory Booker, D-N.J.,

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Trust, Transparency, and Transformation

Extract Systems

As government agencies increasingly turn to generative AI solutions, the implications of poor data quality become even more pronounced. This deficiency raises questions about the seamless integration of data from multiple agencies into cohesive tools and the potential ramifications for data quality.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. Governments can also explore innovative financing models, such as public-private partnerships, to share the financial burden of large-scale projects.

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

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Smarter collaboration: How Mexico City delivers major projects through inclusive planning

Open Contracting Partnership

Mexico City has devised an efficient, participatory, and transparent approach to seek input from potential suppliers and the public on draft contracting documents before a formal call to tender is announced. There are several benefits to this transparent discussion. It all starts with procurement.