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municipalauthorities.org | 47 scenario. Taking the first step requires an authority to be open-minded to examine and improve their procurement process - or at least test their current practices to see how “bullet-proof” the process is. To summarize the key points of Procurement Risk Management: ¾ Proactively seek out, identify, and mitigate potential risks. ¾ Understand and document your entire procurement process. ¾ Ensure that procurement documents clearly define performance expectations and evaluation criteria for potential vendors. ¾ Establish and maintain multiple- person reviews as part of the overall procurement process. ¾ Communicate, communicate, communicate. The items outlined in this article are just a starting point, and we encourage authorities to develop and test their risk management readiness and seek resources needed to assist. Most solicitors, for instance, are well- versed in this topic and can provide guidance. Additionally, PMAA can also support and connect you with additional resources. S A PMAA Member program, PennBid is the region’s leader in e-procurement and online bid management programs. Provided at no cost to public agencies and design/consulting firms, PennBid has opened doors for many to take advantage of electronic procurement tools. For more information about PennBid or to arrange an overview of the program, visit our website at www.pennbid.net.
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