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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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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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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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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

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I To accept the bid would put the organization at risk of being sued by all the other 6 compliant bidders for the value of this contract of $9 million plus up to 2 years of lost profit”, the Director replied.

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Exploring the Foundations of Canadian Contract Law within Procurement Practices

The Procurement School

Introduction: In the realm of Canadian public sector procurement, understanding the fundamental principles of contract law is essential for ensuring fair, transparent, and effective practices. Practical Application: In procurement practices, it is important to be mindful of the potential for unconscionable contracts.