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The Total Cost of Ownership (TCO) approach facilitates financial considerations throughout the life cycle of a product. This involves focusing not only on procurement costs but also on management costs, operating costs and maintenance costs, as well as on demolition costs, disposal costs, and the like.

PIANOo has been working on PCP and innovation procurement for some years. When were you established as the national expertise centre on public procurement?

As a procurer, you know that being well prepared is half the battle. If you want to consult the market and allow sufficient scope for new solutions in your invitation to tender, you must allow sufficient time for the professional processes involved. Be sure your organisation is informed about appropriate timescales.. If your internal client's planned timescale is too short, you should also inform them of this fact. In this way, you can avoid disappointments or sloppy processes.

In the biobased economy, renewable raw materials replace fossil fuels. For example, sugar beet can be used as a base material for bioplastic, the leaves of agricultural crops can be used to make cladding panels, and specific plant constituents can be used in the manufacture of cosmetics, medicines or chemical substances. The main drivers of the Biobased Economy are achieving greater sustainability, creating economic opportunities for new products, the security of energy and raw materials, and improving agricultural economics.

The most appropriate methodologay for a specific procurement depends on on your responses to the questions highlighted earlier, and particularly on the selected level of aspiration.