Remove Price Remove TCO Remove Total Cost of Ownership
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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Once the above steps are completed the procurement resource will have identified the type of procurement method, the associated risks and mitigation strategy, RFx scope and deliverables, required disclosures, evaluation criteria and pricing strategy. Here is a link to the Federal Government’s website explaining its procurement process.

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Evolution of the Status Quo

The Procurement School

Even more so now, seasoned professionals in the construction industry have seen budgets disrupted considerably by fluctuations in pricing and lead times that have shredded carefully drafted cost estimates and project schedules. This risk absorption is directly reflected in bid prices.

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Dispelling the top 8 cloud myths holding back Canadian public sector IT transformation

AWS Public Sector

Myth 2: Cloud costs more Migrating to AWS can significantly reduce the total cost of ownership (TCO) by up to 66 percent for compute, storage, and networking. Unlike over-provisioning on premises, cloud dynamically adjusts resources, minimizing excess costs.

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