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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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Streamlining Public Procurement: 6 Strategies for Efficiency and Compliance

ivalua

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance. Scalability.

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B2Gov: Meet the open data bundlers turning binners into winners

Open Contracting Partnership

Paola Diegues is a self-proclaimed public procurement enthusiast. Their business facilitates access to procurement information, providing powerful analytics that help companies to search for new opportunities, prepare bids, and evaluate their performance on past tenders. They currently service 30 clients in Latin America.

Data 57
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In-Depth Analysis of Framework Agreements in Public Sector Procurement

Tracker Intelligence

These agreements define terms, conditions and price for goods and services and allow authorities to procure without having to re-run lengthy tender processes. Tracker Intelligence provides businesses with the tools to find the right public procurement frameworks , and the insight to help suppliers win these valuable contracts.

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Six opportunities to promote resilience and decarbonization through fiscal policy

Inter-American Development Bank

Opportunity #4: Green Procurement Public procurement accounts for about 20 percent of total government spending in the region, so the contribution of green procurement policies and management to commitments under the Paris Agreement is potentially high.

Finance 52
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How Lithuania fast-tracked green procurement

Open Contracting Partnership

Challenge : In 2020, only 5% of Lithuania’s public procurement spending by value used green criteria that favor environmentally friendly products and services. Results : Levels of green procurement uptake across Lithuanian public institutions have increased to 94% by value and 93% by total procedures as of 1 December 2023.

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Saving the planet through procurement: Governments are identifying ways to use purchasing to achieve and support sustainability goals

American City & Country

Sustainable government procurement is the process of acquiring goods and services that meet the government entity’s needs while minimizing environmental and social impacts. Public procurement is key to this endeavor because public institutions and state enterprises must procure vast amounts of goods, services, and works to do their jobs.