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Procurement Risk Management

When your township goes out to bid for a new piece of equipment, document management software, or a paving project, does it have all its ducks in a row? Have you reviewed your procurement process to make sure it is not susceptible to corruption of any kind? Does it meet the “smell” test? If not, perhaps it’s time to sit down, take a good hard look at closing up any holes, and institute a proper risk management strategy to maintain your township’s integrity in the purchasing process.

Read the full article — The Authority magazine, December 2018.