PFC’s Vigilance Unit organized a one-day workshop on the topic "*Public Procurement and its Best Practices*". Sh. R K Rohilla, Executive Director (Contract Services), Power Grid Corporation Ltd., was the faculty for the workshop. Around 35 participants from across divisions/units of the Corporation actively participated in the workshop. Smt. Simmi R. Nakra, CVO-PFC, graced the occasion and addressed the participants.
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The Department of Energy is the largest civilian contracting agency in the federal government. In this episode of Gone Fission, EM's Angela Watmore and Aaron Deckard talk about the procurement process that results in contract awards, the role of small business and more! Watch here https://lnkd.in/eVmPCpjQ!
S4 E2 DOE Procurement Process: How EM Contracts Work
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Yes it will certainly not only enhance the efficiency of Generating Stations but will also ensure better reliability of Power to consumers
NTPC Proposes Pooling Entire Capacity for Supply to Discoms. *Reported by ET*
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Procurement Expert ►Strategic Sourcing| Sourcing Manager |Buyer • Negotiation, Cost Analysis .Spend Reports, and Budget Maintenance. My goal: Maximise Efficiency and Quality while Minimizing Cost
was amazed by the capacity of this brief video on procurement management to provide a clear knowledge of the underlying ideas after seeing it. The movie did a good job of outlining the value of contract management, supplier selection, and strategic sourcing in the procurement process. It emphasised the value of building trusting relationships with suppliers, securing advantageous terms, and guaranteeing adherence to rules and moral standards. The movie also emphasised the advantages of cost savings, risk reduction, and improved efficiency achieved by smart procurement practises. I learned a lot about the several phases of the procurement process, such as the request, purchase order. Overall, this video broadened my understanding of procurement management and highlighted how crucial it is to accomplishing organizational goals.
Procurement Expert ►Strategic Sourcing| Sourcing Manager |Buyer • Negotiation, Cost Analysis .Spend Reports, and Budget Maintenance. My goal: Maximise Efficiency and Quality while Minimizing Cost
The Basics of Procurement Management
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International Financing | FDI | International Loan Program | Public Policy | Strategy | Geopolitics | Sustainability. All comments shared are my opinions and do not reflect any organizational position.
Are we in the new arms race? While nuclear power is the ultimate deterrent under MAD theory, aka the option of last resort, preventing uncontrollable escalation on the escalatory ladder. So it is conventional tech that wars will be continued to be fought with, and that conventional tech is now jumping quickly into fast development phases all around the world. From recent cancelation of FARA program, a $2B program that develops future helicopter for the US Army, development of unmanned submarines developed by Anduril Industries for #USA 🇺🇸 and #Australia 🇦🇺, to sudden changes in bureaucratic adaptations of tech and procurement is speeding up change that we are hardly realizing is happening. It feels, looks, and talks like a duck 🦆 so is this the arm race duck all over again?
The Single Source Regulations Office (SSRO) – a non-departmental public body overseeing non-competitive procurement – has updated changes to its pricing guidance, due to come into force from 1 April 2024. Ultimately, this will expedite the pace at which the UK Ministry of Defence (MoD) acquires new and innovative systems from single source contractors in the commerical sector. “Currently the regulations provide for qualifying contracts to be priced only by applying a specified price formula which has proved in some circumstances to be inflexible, as exemptions may only be granted with the direct approval of the Secretary of State and are time-consuming for all parties,” an MoD spokesperson explained.
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Some demand response action in NYISO today. As load rose, the ISO deployed Special Case Resources (SCRs), a long-standing program. SCRs are a reliability-based demand response program whose participants are able to sell into NYISO's capacity auctions, but not the energy or ancillary markets. State-wide activations are particularly obvious in the North and West zones as the resources in those areas represent a relatively larger portion of zonal demand. In this case some congestion followed the activation which caused price separation - particularly severe in the North Zone. It was another hot day and load was beating the day-ahead forecast, but this activation occurred while load was slightly under 28 GW, well shy of the ~31.5 GW coincident peak load forecast ahead of the summer. Track real-time conditions and more at https://lnkd.in/g4S6MuQB
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We began our conversation with Olena Kucheruk, Manager of the Procurement Department at Kyivteploenergo, with the assumption that in the context of war and Russia’s constant targeted shelling of Ukraine’s energy infrastructure, the most important thing is the prompt supply of goods and services necessary to repair the damage and restore energy services. Now is the war, so, for example, fuel or oil for emergency repair vehicles, spare parts for equipment damaged by shelling, or even ordinary glass to glaze windows broken at heating plants are urgently needed. “Without a doubt, delivery terms are essential, but there are no less important requirements regarding the quality and transparency of purchases. In martial law conditions, the Government of Ukraine simplified procurement procedures and shortened the terms of tenders. Still, competition, efficiency, and transparency as the main principles of procurement activity, as well as responsibility for the result, were not canceled by anyone,” Olena emphasizes. Read Olena's full story via the link: https://lnkd.in/eWcM6SQc
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A 29% savings line for PH procurement? Happy to see that the new MAPS assessment was certified by Congress for use in public contracts last July 2024. This brings a major PhilGEPS revamp to become a modernized end-to-end electronic procurement system. An E-Marketplace for quick reverse auctions is underway :) Big questions now: Considering the incorporation of sustainable criteria and use of LCC principles at all stages, who is in charge of observing LCC in the evaluation of bids? Will there be private and public observing bodies present for all proceedings? https://lnkd.in/gH8zk_MY
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Calling all procurement professionals! 📣 Join us for an eye-opening webinar: "Outside In: The Supplier's Perspective on HE Procurement." In this exclusive session, gain valuable insights into the procurement landscape from the supplier's point of view. Explore innovative strategies to enhance collaboration, streamline processes, and drive mutual success in Higher Education procurement. Key Topics Include: 🔹 Understanding Supplier Challenges and Opportunities 🔹 Best Practices for Building Strong Supplier Relationships 🔹 Strategies to Optimise Procurement Processes 🔹 Leveraging Technology for Enhanced Efficiency 🔹 Driving Value and Innovation in HE Procurement Don't miss out on this invaluable opportunity to gain a supplier perspective on HE procurement. Reserve your spot now! #highereducation #Procurement #Webinar #HEProcurement #Purchasing #Marketplace #eMarketplace #catalogues #cataloguemanagement
📢 UPCOMING WEBINAR 📢 Join Mark Reddy and some very exciting guests as we discuss procurement from the perspective of the supplier! Paul Leach from Fisher Scientific, Tom Barney from Farnell Electronics & Stuart Campbell from Manutan Group are all joining us to offer their insights in this exclusive panel discussion! https://bit.ly/49RV4ER
UPCOMING WEBINAR 📢 - Outside-in: The Supplier's perspective on HE procurement
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With a better-than-expected 2023, and funding stability, the SLED market is showing resilience going into 2024. See more in our latest procurement report: https://lnkd.in/eCv_MbAd
State and Local Procurement Snapshot - Q4 2023
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