Procurement Policy Modernism: Updating the ABA Model Procurement Code
Procurement Policy Modernism: Updating the ABA Model Procurement Code
Conference RegistrationSession Details
Date: Monday, June 29
Time: 8:55 am - 10:10 am CT
1.5 CPE credits
Level: intermediate
Field of Study: Finance
The values of public procurement–ethics, competition, transparency, and accountability–are clear. However, compliance with the detailed multi-layered framework of federal, state, and local laws, policies, and regulations can be difficult for all stakeholders to understand and follow. Procurement policies serve a critical role in clarifying expectations, defining legal authority, establishing thresholds, ensuring public access, and protecting against corruption.
The American Bar Association (ABA) is currently working through a major update to the Model Procurement Code (MPC), which forms the foundation for many states' and local governments' procurement policies. Attend this session to learn about how this project will benefit your organization and how you can identify areas to modernize your organization's procurement policies.
Learning Objectives
- Discuss the need to modernize procurement policies
- Explore key sections of ABA's MPC and identify areas slated for revision
- Develop a strategy for proactively introducing updated policies into your organization's framework