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Procurement Risk Management

January 4, 2019

Risk has been defined as “the possibility that something unpleasant or unwelcome will happen” and also as “a situation involving exposure to danger.”

Often, when municipal authorities think of the risk associated with their purchasing process, they have the impression that simply complying with the legal requirements will keep them safe. And while that may be true from a purely legal compliance standpoint, this belief only represents the beginning of implementing a strategy that truly minimizes your authority’s exposure.

Read the full article — The Authority, December 2018.

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