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Global Practices for Public Procurement Provide Pathway to Fiscal and Political Success

By Jack Gallt posted 03-29-2012 09:19 AM

  

NIGP: The Institute for Public Procurement and the UK Chartered Institute of Purchasing and Supply (CIPS) have jointly announced the release of Ten Global Public Procurement Practices.

As part of a larger shared initiative to define and formalize global professional standards for government procurement officials, these ten standard practices provide high-level guidance across the following procurement activities: Strategic Procurement Planning; Performance Measurement; Performance Metrics; Use of Cooperative Contracts; Transparency; Risk Management; Ethical Procurement; Procurement Policy Manual; Performance Management; and Performance-Based Contracting.

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