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Marking 10 years and $120 billion of better public procurement for people

Open Contracting Partnership

10 years ago, we launched the Open Contracting Partnership from a single desk in snowy Washington DC with the grand ambition to transform public procurement, the world’s largest marketplace. We were never just after a bit more transparency though, we wanted to transform how procurement is done.

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As the Acquisition World Turns: OFPP turns heat up on primes

Federal News Network

And the oversight and accountability of subcontracting efforts by prime contractors is getting more scrutiny. The Government Accountability Office’s annual report to Congress on the state of bid protests always is fascinating. These are the latest among a host of story lines in the federal acquisition community.

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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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UN’s first ever resolution on public procurement: what makes it strong and what’s still missing

Open Contracting Partnership

At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.

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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

.” “The penalty in this case reflects the significant misconduct by Raytheon and the need for global companies to implement meaningful internal accounting controls that ensure that payments to intermediaries are not used to circumvent the restrictions of the FCPA,” said Charles E.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.” No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Prioritize stakeholder engagement, including community input.

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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.