Resources

Public procurement

what is the difference between public and private sector procurement?

As a company that provides education in public procurement, this is perhaps the most common question that arises. While there are many similarities, the nuances of public legislation and free trade requirements create a procurement environment that is more regulated, demands a greater level of transparency, and requires vigilance to stay on top of the constantly […]

Liquidated damages work injury claim form - The Procurement School

liquidated damages or unenforceable penalty clause?

Procurement professionals are aware that any liquidated damages clauses in contracts must represent a reasonable pre-estimate of the losses that will be sustained in the event of the enumerated contract breach. While not an exact science, such clauses will not be enforced by the courts if the damages payable are out of proportion to the […]