Definition of ‘B2G’
The term B2G stands for business to Government and refers to working relationships between a business and a government organization.
This process will normally involve issuing a tender document, obtaining a number of competitive submissions and quotes, and then a lengthy selection process to choose the right party for the B2G contract.
There is a growing tendency for government departments to subcontract work in order to reduce costs and gain expertise. For example, a government department might require a new computer system. Rather than invest in additional staff, a business to Government arrangement will be drawn up with a business in the private sector.
For further information see the Wikipedia B2G definition.
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