Sourcing toolkit - preparing to go to market
Document Status
Current
Supplement
Core Supplement
Abstract
Comprises a section of a sourcing toolkit relating to public procurement in Northern Ireland, focusing on preparing to go to market. Covers: Should Cost Modelling; quality data asset registers; clear specifications; KPIs and baselines; designing evaluation criteria and avoiding unsustainable tenders; managing the risks of insolvency (resolution planning); protection against supply chain risk; protecting against costs arising from supplier insolvency; prompt payment; formal engagement with the market; and risk allocation.
History
Version 1.0, published 30 September 2022. Section no.2 - one of four sections comprising the Sourcing toolkit.
Subjects
- Tendering
- Legal issues and management
- Contracts
Publisher History
Department of Finance was formed from the merger of several others including Department of Finance and Personnel for Northern Ireland. The Department of Finance (DOF) is one of nine Northern Ireland departments, responsible for assisting the Northern Ireland Executive use resources and services for the benefit of the community appropriately and effectively.
Information
NBS
NBS has produced specification systems and information products for construction industry professionals for more than 40 years. The National Building Specification is the recognised UK national standard and is used by over 5,000 organisations. NBS is part of RIBA Enterprises Ltd.
Accuris
We connect trusted knowledge to customers' workflows – mitigating risk, increasing efficiency and accelerating innovation For more than 60 years, leading R&D and engineering-intensive organizations have relied on us to achieve on-time, on-budget delivery of complex projects and new products. We deliver an unparalleled combination of technical content and Artificial Intelligence (AI) technologies to surface answers from the vast universe of technical knowledge, both inside and outside the organization. In a single interface, we connect the dots between information scattered across many different sources, allowing technical professionals to make better, more informed decisions faster.