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Public Procurement: Delivering Value to a Community While Making Profit

Tracker Intelligence

Approximately 250,000 public authorities in the European Union spend 2 trillion pounds or 14 percent of the Gross National Product purchasing works, services, and supplies. When the government purchases goods and services from private businesses, the process is known as 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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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.

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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

There are several guidelines, directives and documentation that outline ethical behaviour for the public sector. 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.

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Exploring the Foundations of Canadian Contract Law within Procurement Practices

The Procurement School

Canadian contract law emphasizes the importance of clearly defining the rights, obligations, and expectations of all parties involved. Practical Application: When crafting procurement contracts, it is crucial to be thorough and precise.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

The popularity of government contracting is a testament to how beneficial the process can be for your business. But beyond the financial rewards, what does your business stand to gain from getting involved in public procurement with the government? What is Government Contracting?