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Sourcing toolkit - preparing to go to market
Publication Year
2022
Document Status
Current
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.
Document History
Version 1.0, published 30 September 2022. Section no.2 - one of four sections comprising the Sourcing toolkit.
Publisher Information
Department of Finance
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.
Clare House
303 Airport Road
Belfast
DOF
UK
Website: http://www.finance-ni.gov.uk/
Email: dof.enquiries@finance-ni.gov.uk
Tel: 028 9185 8111
