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 6/10 Very Good --- weblog.infoworld.com http://weblog.infoworld.com/daily/rss.xml
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Tuesday, July 15, 2008 --- 45 days ago http://weblog.infoworld.com/daily/archives/2008/07/how_solesourcin.html?source=r
| Even though deals without competitive bidding may look questionable, "sole-sourcing" has certain advantages for both parties, particularly when it comes to long-term projects. "One of the major benefits of sole-sourcing a project is time to completion. The faster you can get your transaction/negotiations done, the quicker you will get to the benefits," Ephraim Schwartz explains in Sole-sourcing: The art of the no-bid contract. Some say, in fact, that sole-sourcing can be 30 percent faster and cheaper because you're not tying up staff for, say, eight months. What's more, it can save the vendor as much as $3 million, which may... READ MORE ... |
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