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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement.

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Roundtable roundup: Best practices for crown corporation procurement

Bonfire

At Bonfire, we get to work with hundreds of public procurement professionals every day. On March 15, we brought together procurement professionals from crown corporations across Canada for a virtual roundtable discussion. What general policies do crown corporations follow when it comes to procurement, POs, and contracts?

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Find a Tender Service – Secure High-Value Public Contracts in the UK

Tracker Intelligence

The tools within the platform are designed to ensure that the proposals for procurements launched through it are of high quality, thus increasing the chances of creating a winning bid with distinctive features in an industry that is quite competitive. Using Tracker’s services is a strategic move that will result in procurement success.

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Seven Steps To More Transparent Sourcing

Procureware

Most procurement software projects are focused on efficiency; however, transparency needs to have equal attention. Trust is the cornerstone of procurement and transparency builds trust. Step 1: Post Solicitations Online Public notification of bid opportunities is a cornerstone of public procurement in most developed countries.

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The Bid Evaluation Process

The Procurement ClassRoom

As the field of Procurement is still evolving and scholars don’t seem to subscribe to universal definition of concepts such as what constitute the procurement cycle, this article does not make reference to any textbook or academic publication.