The cost of government procurement versus private sector
Construct Connect Canada
AI Article Summary
The article discusses the reasons behind why government procurement might be more expensive compared to the private sector. Factors influencing this include differences in expenditure rationale and procurement processes. The observation highlights various dynamics between public and private procurement strategies.
What This Means for Canadian Contractors
For Canadian builders, this means understanding the intricacies of government procurement can be crucial for competitive bidding. Knowing why prices differ can help contractors align their offerings strategically. It also underscores the importance of navigating policies to optimize cost-effectiveness in public projects.
