Public procurement these days is not just about acquiring goods and public services at low costs. Nowadays, it focuses on delivering long-term benefits to communities,
Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts.
Artificial Intelligence (AI) systems have become a crucial part of the digital economy driving change, and providing new opportunities supported by technological innovation. As these
Public procurement plays a significant role in economic and social growth by assuring that governments deliver vital services and infrastructure to their societies. Imagine a
Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Advanced analytics tools are being
Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. Procurement promotes the use of
Public sector procurement relies heavily on framework agreements as a streamlined purchasing tool for goods and services. Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, […]
In 2023, the U.S. federal government awarded a total of $759 billion in public sector contracts, representing a $33 billion increase from the previous year. This emphasises the importance of being on the right framework agreements for suppliers. For suppliers, securing a position on an essential public sector frameworks list is more important than ever. […]
Introduction to Construction Tenders in the UK For companies that require tenders in order to obtain new contracts, construction tenders are particularly important in the UK. Tendering is the act of offering bids in construction-related contracts with significant stakeholders such as the government, commercial developers or contractors. It is an effective way for businesses to […]
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