Current Public Procurement Legislation and the Prohibition...

Examination of Current Public Procurement Legislation and the Prohibition of Post-Tender Price Negotiation in the UK National Health System Objective Current public procurement legislation prohibits post-tender price negotiation in the UK National Health System. This work intends to examine the issue and either agree or disagree with relaxing of this rule. The argument will be supported with two examples from the North Bristol Integrated Community Hospital Specification. The Issue It is reported that tendering and post tender negotiation are primary components of management of purchasing and supply. According to CIPS conduction of the post, tender negotiation process should be the responsibility of the purchasing professional and as such, those individuals should participate in the necessary training programs to effectively do so. Post-tender negotiation when it is ethical and professional is held as an appropriate method of securing value for the money spent. It is recommended by CIPS that bid clarification detailed discussion about the offer should usually comprise the final stage after receipt of tenders and before contract award; it will normally lead to improved value being obtained. (CIPS, 2013) The reason stated is that there are often points in the tender which need to be clarified. During bid clarification, discussion might take place around the specification or delivery period for example. This may lead to negotiation on terms and conditions, warranties,Show MoreRelatedFunctional Approach to Internal Analysis14942 Words   |  60 Pages |organization affecting perfomance | 3. Procurement Department |STRENGH |WEAKNESS |STRATEGIC IMPLICATION | |Existence of procurement policy | |Affects the timing,price and quality of goods | | | Read MoreCorporation (Fisch) Outline Penn Law Essay62808 Words   |  252 PagesManagement Obligations Under Federal Securities Laws 67 C.) Shareholder Litigation 76 IV.) Structural Changes 85 A.) Transactions in Control 85 B.) Mergers and Acquisitions 86 1.) Mergers 87 2.) Sale of Assets 93 3.) Asset Purchase or Tender Offer 94 C.) Public Control Contests 96 1.) The Poison Pill 100 2.) Enhanced Review When Business is Up for Sale 103 3.) Proxy Contests for Corporate Control 106 4.) Protecting the Deal: Shareholder Lockup Agreements 109 I.) INTRODUCTORY PRINCIPLES Read MoreProfessional Misconduct58343 Words   |  234 PagesPROFESSIONAL MISCONDUCT By: Mrs. Surbhi Bansal M.Com., FCA Sec.2 (2): Members deemed to be in practice: If he i) Engages himself in practice of accountancy, or (ii) Offers to perform audit related services or holds himself out to the public as an accountant, or (iii) Renders professional service or assistance in Matters of accountant interest etc., or, (iv) Renders such other services which as per opinion of the council, to be rendered by C.A. in practice. (Mgt. consultancyRead MorePepsi Prospectus112807 Words   |  452 Pagesrequirements is available. There will be no public offer of the Offer Shares mentioned herein in the United States. THIS PROSPECTUS IS TO BE USED EXCLUSIVELY FOR THE DOMESTIC OFFER AND IS NOT INTENDED TO BE VIEWED BY NON-PHILIPPINE RESIDENTS. Prospectus January 19, 2008 Pepsi-Cola Products Philippines, Inc. (incorporated with limited liability in the Republic of the Philippines) Primary and Secondary Offer of 1,142,348,680 Common Shares Offer Price of =3.50 per Offer Share P to be listedRead MoreNokias Human Resources System144007 Words   |  577 Pages172 172 172 174 174 174 178 178 178 178 178 179 179 . 180 . . . . . . . . . . . . . 180 180 180 181 181 182 182 182 182 183 183 183 184 ITEM 17. ITEM 18. ITEM 19. GLOSSARY 3 INTRODUCTION AND USE OF CERTAIN TERMS Nokia Corporation is a public limited liability company incorporated under the laws of the Republic of Finland. In this document, any reference to â€Å"we,† â€Å"us,† â€Å"the Group† or â€Å"Nokia† means Nokia Corporation and its subsidiaries on a consolidated basis, except where we make clearRead MoreFinancial Analysis of General Electric98175 Words   |  393 Pagesearn your trust. It is how we compete and win. GE Works. A POSITION OF STRENGTH GE’s Operating EPS growth was 22% last year. We bought back preferred shares of stock we issued during the ï ¬ nancial crisis and increased our dividend twice. Our stock price ï ¬ nished about ï ¬â€šat, in line with the broader SP 500 Index. We outperformed the SP Financial and Industrial sectors— the â€Å"GE neighborhood†Ã¢â‚¬â€which declined by 18% and 3%, respectively, in 2011. Despite our growth, it was tough for GE to break away