Search results
Results from the WOW.Com Content Network
In federal government contracting, the specific regulatory authority is required for the Government's agent to enter into the contract, and that agent's bargaining authority is strictly controlled by statutes and regulations reflecting national policy choices and prudential limitations on the right of federal employees to obligate federal funds.
promotion and organisation of training for central and local government officials involved in public procurement activities. [50] The Public Procurement Commission (PPC in English, KPP in Albanian) is a quasi-judicial state body with responsibility for providing legal protection in relation to public procurement. [51]
Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. [1] The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done.
The tender is treated as an offer to do the work for a certain amount of money (firm price), or a certain amount of profit (cost reimbursement or cost plus). The tender, which is submitted by the competing firms, is generally based on a bill of quantities , a bill of approximate quantities or other specifications which enable the tenders to ...
Although BVP is a new procurement method, it does build on procuring and tendering according to the MEAT principle (most economically advantageous tender). The principle enables the contracting authority to take account of criteria that reflect qualitative , technical and sustainable aspects of the tender submission as well as price when ...
A tender notification is the publication and circulation of procurement opportunities by the procuring entity in various media like: Newspapers, purchasers's own website and government tender bulletin etc. The main objective of wider publicity is to make these opportunities available to a wider supplier community, increase the competition and ...
The Local Government Act 1999 is an Act of Parliament in the United Kingdom, applicable to a wide range of local authorities in England and Wales.It was promoted by a Labour government, in the first years of the First Blair ministry, and was described, in 2000, as "arguably most significant local government legislation for a decade".
The predecessor to the UK Labour Government's Best Value policy was the Conservative Government's 1980s policy of compulsory competitive tendering (CCT). CCT originated in part with the ideas of Conservative politician Nicholas Ridley, who made "unfavorable" comparisons between the "fat and bloated" local authorities of the United Kingdom and the relatively "slim" contract cities of the United ...