01 June 2018
Expo 2020 Dubai has become the first World Expo and the second ever ‘mega-event’ to secure a Procurement Excellence award from the highly respected Chartered Institute of Procurement & Supply (CIPS) organisation, a major vote of confidence for the next World Expo’s procurement practices.
Designed and delivered by the world’s leading procurement experts, the CIPS Procurement Excellence Programme is the only independent and comprehensive assessment of its kind.
This recognition makes Expo 2020 the first major global event outside the UK, after the London 2012 Summer Olympics, to receive the award from CIPS, a global body that works with organisations involved in procurement and supply chain management. The stamp of approval was awarded as part of the CIPS Procurement Excellence Programme following a thorough review of Expo 2020 Dubai’s procurement practices. The programme assesses organisations on five key areas: leadership and organisation, strategy and policy, people, processes and systems, and performance management.
Expo 2020’s CIPS award recognises the high quality of its procurement operation, meaning that vendors and participating nations can be confident that they will benefit from a seamless process.
In 2017, Expo 2020 Dubai awarded more than Dh11 billion of contracts, and this year’s opportunities span the fields of design, logistics, health and safety, construction and materials, said the organisers. The total value and number of contracts expected to be awarded in 2018 will be announced shortly, they added.