Applying economic benefits throughout the procurement lifecycle
Economic benefits can be integrated into your procurement activities at every stage of the procurement lifecycle, from planning through to contract management.
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Guide 5:
Plan to include economic benefits in the procurement
Identify economic benefits that align with your organisation's goals and include them in the procurement plan.
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Guide 6:
Sourcing economic benefits – approaching the market and evaluating responses
When approaching the market, provide structured information to support economic benefits, and be clear about how you’ll evaluate them.
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Guide 7:
Managing economic benefits in the contract
Once you award the contract, make sure economic benefits are reflected in your outcomes and KPIs, then manage these through delivery.