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The four key drivers that can enable better IT procurement

Open Contracting Partnership

These frameworks have led to big efficiency wins: the traditional tender procedures take between four months and one year to complete while the framework procedure takes between four and six weeks on average. There is research to show that every additional tenderer leads to a price reduction.

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Pre-Ιnvestment Expenditures, Defining an Investment, and a Problem of Translations: Patel Engineering v the Republic of Mozambique

Kluwer Arbitration

However, they interpreted this agreement to mean that PEL was entitled to an ajuste directo of the concession based on the newly-enacted Public-Private Partnership (PPP) Regulation (Award, para 370); the party would be invited to directly submit a proposal, requiring certain elements, including the creation of a PPP (Award, paras 378-380).