GW Law Faculty Publications & Other Works
Document Type
Article
Publication Date
2020
Status
Accepted
Abstract
Procurement professionals will play a critical role in the belated but necessary effort to slow the pace of climate change. That critical, evolved role will lie in sustainable procurement, which, if effectively implemented, will dramatically alter markets and fundamentally change purchasing behaviors. To be effective, procurement professionals will need to rethink how we define our profession, assess our outcomes, and bring value to our government customers. Successfully establishing a sustainable procurement regime will require dramatic change, including, among other things, overcoming the persistent tyranny of low price, understanding and adopting lifecycle costing, considering externalities in the value proposition, and, of course, specifying and identifying truly sustainable solutions.
GW Paper Series
2020-70
SSRN Link
http://ssrn.com/abstract=3697429
Recommended Citation
60 Contract Management, Issue 10, 32 (October 2020)