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Tightened Payment Terms for Public Procurement Suppliers

Spend Network

The UK government's new tightened payment terms for suppliers in public procurement contracts signals a vital move that will have far-reaching impacts across the business landscape when bidding for contracts.

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European Commission transforms public procurement across Europe with AWS and NTT Data

AWS Public Sector

Public procurement—the process where public authorities like government departments or local councils purchase goods or services from companies—is a vital economic driver in Europe, accounting for more than 13 percent of the gross domestic product (GDP).

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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). What is Smart Public Procurement?

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Portugal's plan for mandatory green public procurement (III - food procurement)

Telles.eu

After the first two entries ( here and here ) of a more general nature, this one will be focused on contract specific critiques, in particular food procurement (contract types 9 and 15). How small is the potential field of suppliers (and supply) once we layer down these requirements together?

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Public Procurement: Delivering Value to a Community While Making Profit

Tracker Intelligence

When the government purchases goods and services from private businesses, the process is known as public procurement. Public procurement matters because it boosts growth, investment, and jobs. In short, public procurement allows local businesses to serve their communities and taxpayers well.

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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.