Does ‘Open Book’ Help or Hurt the Public Procurement Contract Process? [Plus+]

Open book

Let me start off with a disclaimer: Yes, this article focuses on the public sector in the UK. But, if you are outside the UK and not in the public sector, do not despair! I promise this does have relevance to you and will, hopefully, still be interesting, regardless of whatever branch of procurement you work in. One thing the UK has definitely done right is tried a lot of different procurement ideas and has probably been an early adopter in many areas. That includes bringing private sector expertise into public procurement, collaborative buying initiatives, use of category management processes, outsourcing complex services delivered to the citizen or adoption of some aspects of e-procurement. Currently, one of the hot topics for UK public procurement is whether public sector contracts should habitually make more use of “open book” contractual provisions. We discuss what “open book” means, if it is necessary and the pros and cons of it.

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