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Procurement Innovation Report

“As the costs of procurement and subsequent contract negotiations within the public sector continue to rise, it becomes critically important to examine ways to introduce reform and innovation rather than to simply accept the status quo. Since the increased costs have not lead to a commensurate increase in performance, delivery, or completion of projects, there is certainly an opportunity to examine ways to improve the procurement process, from both the buyer and seller perspectives. The Task Force on Procurement Innovation and Reform was created to consider these issues and was particularly interested in identifying the primary challenges that stand in the way of procurement innovation and reform. It was important to Task Force members that the concepts of reform and innovation remained inextricably linked in the discussion of the procurement process. There was acknowledgement that innovation will not thrive without reform; and, conversely, that reform would be meaningless if it did not allow sufficient flexibility for innovation to occur. Procurements are complex, demand a certain amount of rigor and repeatability, and must be well-regulated; however, that does not mean the procurement process must remain archaic or antiquated.”

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