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Willingness to pay is a valuation technique which is used to establish someone’s willingness to pay for a particular benefit. Typically, it is a questionnaire-based method whereby the individual is asked to respond to a range of choices thereby determining the maximum they would be willing to pay for something, for example, an improvement in their health.
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View AllBidding for contracts is a time-consuming, complex and competitive process, with many rules and preferences from the authorities governing the evaluation process.
One of the most common quality topics within health and social care tenders is how bidders will deliver person-centred care.
The Cabinet Office has released an updated policy procurement note (PPN) addressing the use of AI in procurement and adjustments which may be made to the central government's competitive tender processes. Bidders and ...