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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used.

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Procurement Act - Key Facts and Figures

VWV

A supplier's performance against KPIs must be monitored and reported on. Transaprency Introduction of a Central Digital Platform for publishing notices, supplier registration and finding information. Exclusion and Debarement Act makes it easier to exclude suppliers by increasing the scope of exclusions.

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Even Rules have their Limits, Says SBA OHA about the Nonmanufacturer Rule

SmallGovCon

OHA reminded contractors that the nonmanufacturer rule applies only to acquisitions over the simplified acquisition threshold. Generally, the micro-purchase threshold is $10,000, and the simplified acquisition threshold is $250,000. 8(a)) at any dollar amount. 13 CFR § 125.6. .” 8(a)) at any dollar amount. 13 CFR § 125.6.

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Sole Source Justifications are Required for Purchases Over $10,000

Redstone Government Consulting

The Government wants to pay a fair and reasonable price for products and services that they purchase and expects you to pay your suppliers a fair and reasonable price. FAR 52.244-5 Competition in Subcontracting includes the requirement to select subcontractors and suppliers on a competitive basis to the maximum extent possible.

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Supplier Risk and Performance Management

ivalua

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

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Tendering in Norway below EU/EEA-threshold values

Magnus Legal

How do you as an international supplier, access the competitions governed by the strict national rules in Norway?

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Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong.