Eight rules to ensure a more competitive bidding process In order for a competitive bidding process to be successful, organizations, whether private or public, need to ensure that the process is fair and equitable. If companies invited to bid do…
How two property management firms took different approaches to the same problem Most property management companies that I talk to generally have a decentralized organizational structure where individual property managers are onsite at the locations they operate. A question that…
I am often asked about how electronic bid bonds are used in public works projects. So, I thought it might be useful to cover this topic in a short blog entry. Purpose of Bid Bonds As part of a bid…
We are excited about heading to sunny Orlando, FL in just a couple of weeks to attend the 2014 BOMA International Every Building Conference and Expo Conference, June 22-24. We will be exhibiting in booth 309. So, please stop on by and learn…
It’s easy to make the case for automating formal solicitations for public bids because regulations demand a process that is complex and time consuming. Sourcing automation centralizes vendor registration, document posting, and online notifications, making communications straightforward and easy. Yet,…
We are pleased to share the results of our January 2014 client survey. Getting the client survey done this January gives us a clear picture of what we need to work on in the coming year. We got a great…
Public works organizations and their contractors building the nation’s transportation infrastructure know (or should know) about the Federal Department of Transportation (DOT) regulations governing the participation of Disadvantaged Business Enterprises (DBEs) on federally funded projects. These programs are administered by…
I’ve been involved in consulting with public procurement organizations for more than a decade. In that time, I’ve worked with many governments with procurement policies that require sealed bidding for goods and services that exceed a certain dollar threshold. While…
For those of you considering an e-sourcing implementation project, there are a number of alternatives for you to consider that have varying degrees of performance risk, up-front investment, and assignment of cost and revenue to the buying organization, suppliers, and…
Not the Same as Digital Signatures Online bidding systems must be able to authenticate the identity of the bidder, document that bidder has verified their submittal, accept the terms and conditions of the bid requirements, and prevent undetected alteration of…
