Public Spend Forum Europe – Public Procurement Highlights from this Week

Public Spend Forum Europe is dedicated to European public sector procurement, and aims to be a global community and knowledge network for public procurement and the public sector market. Around Europe, we are talking about well over a trillion Euros of money from taxpayers and citizens being spent by government and public sector bodies of some sort. Worth doing well, you might consider. So here is a roundup of what we were discussing this week. If you find anything interesting, please click through to the full article:

Risk Aversion in Public Sector Procurement – Part 2

Following part 1 in which we discussed the issue of risk and in particular the risk-averse attitude that some public sector procurement staff still appear to hold, we look at what we think some of the reasons might be. We believe there are three types of person who demonstrate this risk aversion: the naturally risk-averse; risk aversion that comes from the top; risk aversion through lack of capability. These are discussed here.

LCTA and Assessing “Value” In Procurement – Tricky but Key

The US government lowest cost technically acceptable (LCTA) policy, which requires an organisation to choose the lowest cost tender from potential providers that meets the basic requirements defined by the buyer, seems to be becoming less popular. Nevertheless, it does highlight some interesting and quite challenging issues for public sector buyers. One is linked to the whole issue of “value”, how it is defined and measured – and evaluated in tenders. We discuss.

Capita Profit Warning – Is Better Public Procurement a Cause?

Capita has been one of the UK’s most impressive business success stories of the past 30 years, but last week, it shocked the London stock market and investors by announcing a profit warning; this year’s figure would be some 20% below expectations. Underlying profit before tax for the full year to December was expected to be in the range of £535m to £555m, whereas previously analysts were forecasting around £614m. Capita shares lost some 30% of their value. We discuss the causes and ask what does it mean for taxpayers, public sector workers and elected representatives?

EU Public Procurement Reform Guide 2016 – Differing Status of Transposition in EU Countries

Eversheds, the international law firm, has published an “EU Public Procurement Reform Guide 2016” which looks at the status of implementation of the new procurement directives in the European Union. It covers 19 EU countries in which its public procurement practice teams are present, is aimed at contractors looking at participating in public contracts outside their own borders and furnishes them with details of public procurement law transposition in different EU countries.

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.