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Ohio Department of TransportationDivision of Construction ManagementInnovative Contracting Policy and ManualQuality Assurance Review (CAR)MONITORING PLAN CY2007Ohio Department of TransportationDivision
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Innovative contracting policy refers to frameworks and guidelines that encourage new methods and approaches in procurement, enabling more efficient and effective contracting processes.
Typically, organizations and government entities engaged in procurement processes are required to file innovative contracting policies to ensure compliance with regulatory standards.
To fill out the innovative contracting policy, organizations need to provide detailed information about their contracting processes, methodologies used, and how they innovate in the procurement sector.
The purpose of innovative contracting policy is to streamline procurement processes, foster transparency, and promote the adoption of best practices in contracting.
Information that must be reported includes contracting strategies, innovations implemented, performance metrics, and compliance with applicable regulations.
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