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A straight path to the circular economy

Redefining value: Using public procurement to advance circular economies in communities

by ST.GODARD J
Published in April 2022 - Page 12

Sponsored by Circular Innovation Council

Public procurement and public policy interests of governments should be linked. Procurement functions as the safeguard of trust between taxpayer interest and government spending. It manages the public purse with a determined focus on high value and low risk. Unfortunately, in this context, value is usually defined by the lowest purchase price. This traditional transactional approach stifles innovation and is stuck in reverse.

Canadian governments collectively spend upward of $200

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