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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).

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The Public Procurement Glossary

Tracker Intelligence

The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. What Is Public Procurement? E-Procurement It is the digital way of handling public purchasing.

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Public Procurement: Delivering Value to a Community While Making Profit

Tracker Intelligence

Oftentimes, public authorities buy services such as energy, transport, social protection, waste management, and health or educational services from private entities. When the government purchases goods and services from private businesses, the process is known as public procurement. What is Public Procurement?

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The Public Procurement Journey: Tools for Modern Challenges

ivalua

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Ready to arm your Public Procurement Professionals with the tools they need for modern challenges?

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Women-Owned Business Certification Programs “Sello Empresa Mujer”: An Effective Tool to Promote Women’s Participation in Public Procurement

Inter-American Development Bank

Public procurement accounts for around 13-20% of global GDP , so it has the potential to be an important tool for governments to promote gender equality. Women-led businesses are currently underrepresented in public procurement awards. It can also have benefits for governments.

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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

For example, the Government of Canada provides a Guide on Ethical Behaviour for Procurement-Contracts and Contracting (3), and a Directive on Ethical Behaviour (4) specifically directed at the Government’s shared services. 5) Managers and Supervisors are provided guidance through the Public Interest Disclosure Act (PIDA). (6)

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Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

Author: Graham Allen It is often said, “… working in public procurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by public procurement professionals. Preparation Each procurement is technically a legal case waiting to happen.