Join Brazil-U.S. Business Council for roundtable with USTDA to discuss ongoing projects in Brazil, including the Aviation Partnership, ICT and newly initialized efforts to advance the Global Procurement Initiative (GPI) with Brazil as a partner.
Members only. Register here.
The Global Procurement Initiative: Understanding Best Value (GPI) is dedicated to assisting public officials in emerging economies to better understand the total cost of ownership of goods and services for infrastructure projects.
The GPI helps public procurement officials establish practices and policies that integrate life-cycle cost analysis and best-value determination in a fair, transparent manner. Adopting these standards improves governments’ capacity to make better-informed decisions that take into account all relevant costs of goods and services over their entire life cycle. This leads to smarter, longer-term investments with overall savings to the government, and also levels the playing field for U.S. firms in international tenders.
PROCUREMENT: A KEY DRIVER FOR DEVELOPMENT AND TRADE
The establishment of sound procurement policies and practices is fundamental to ensuring a fair, level playing field in international tenders. Transparent procedures for awarding contracts for goods and services establish accountability and encourage the cost-effective use of public funds, which creates dependable, stable and efficient markets. This is particularly important in developing countries, where government spending can account for up to 20% of GDP.
Nevertheless, throughout many emerging economies, low-cost procurement policies pose an impediment to fair competition and to sustainable economic growth. By relying on low-cost as the determining factor for award, governments often fail to consider the benefits that can be gained from high-quality products and services that include warranties, maintenance agreements and reliable, long-term customer service. These policies also prevent firms from offering quality, innovative goods and services in order to keep their bidding price low.
In order to address these issues, USTDA launched the GPI in 2013. Working with partner countries to strengthen their procurement systems and realize development benefits, the GPI shares best practices about how to establish procurement systems that integrate best-value determination and life-cycle cost analysis, as well as how to promote objective evaluation through a trained, professionalized procurement workforce.
WORKING WITH USTDA & PARTNERS
Through the GPI, USTDA works with its overseas partners to develop customized activities that are based on the unique needs of each country. These activities target the key decision-makers responsible for procurement in high technology sectors at both the policy and practitioner levels, including national and sub-national government officials, representatives of procurement agencies, and state-owned enterprises. The types of assistance available include: Training Workshops, Procurement Study Tours, Technical and Procurement Advisory Services.
USTDA’s official partner under the GPI is the Government Procurement Law Program at The George Washington University Law School. Established in 1960, it is the only degree-awarding program in North America that focuses on the law of government contracts. The GPI’s curriculum is guided by the internationally recognized faculty of the Government Procurement Law Program. The professors contribute their time as part of GW’s commitment to developing procurement capacity, worldwide.
Click here to view GPI Fact Sheet.More Testimonials