What is government share below in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: government share below

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: The percentage of the cost savings gained by the government or public sector organization when costs are less than the contractual estimate; used in pricing arrangements with incentive fees. For example, if government share below is 60%, the government or public sector organization pays the supplier 40% of the cost savings achieved.

Smart SAP Assistant

• Key Concepts: 
  Government share below is a feature of the Procurement for Public Sector (PSM-GPR) component of SAP. It allows public sector organizations to set a minimum percentage of goods and services that must be procured from local suppliers. This helps to ensure that local businesses are supported and that the public sector organization is compliant with local regulations. 
  
  How to use it: 
  To use the government share below feature, an organization must first set up the relevant parameters in the PSM-GPR component. This includes setting the minimum percentage of goods and services that must be procured from local suppliers. Once this is done, the organization can then use the feature to ensure that they are compliant with local regulations. 
  
  Tips & Tricks: 
  It is important to ensure that the parameters set in the PSM-GPR component are up-to-date and accurate. This will help to ensure that the organization is compliant with local regulations and that local businesses are supported. 
  
  Related Information: 
  For more information on government share below, please refer to the SAP Help Portal or contact your local SAP representative.