This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
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]
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 ”.
.” “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.
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.
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.
This position also assists agency staff with purchasing activities to ensure that purchase requisitions and activities comply with Kitsap Transit’s procurement policies; receives and reviews requisitions for products and services; ensures proper authorizations, and accuracy of account numbers and descriptions.
Public procurement should be all about people. We want to enable one billion people to live in more equitable, prosperous and sustainable communities by 2030 by improving US$2 trillion in public procurement spending. Public procurement covers $13 trillion of spending every year, one in every three dollars spent by our governments.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
Thus is the always entertaining world of federal procurement — on step forward, one step back. Foes are vanquished, in this case Boston Consulting Group, losing its OASIS+ bid protest at the Government Accountability Office. 21 and the Government Accountability Office has until April 1 to decide.
Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. Procurement was long seen as a clerical administrative function, rather than a strategic lever. This was not always the case.
At The Coalition for Government Procurement, we are grateful for their service and the freedoms that veterans have protected for us all. Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
The Federal Acquisition Regulation (“FAR”) gives contracting officers significant flexibility in selecting the procurement method they choose to use. The Corps canceled the IFB citing that all bids were at unreasonable prices and cancellation was in the public interest. In Great Lakes Dredge & Drydock Co., LLC, B-421676.4,
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
In a previous article , we analyzed what made protests successful at the Government Accountability Office (“GAO”) in Fiscal Year 2023 (“FY23”). Most of these protests involved interpretation of procurement law, which may be the reason why the protesters chose to pursue their protest in Court rather than at the GAO.
There is a storm coming in the accounts payable (AP) world. Organizations relying on this old-school silo approach to accounts payables to support the gig worker and flexible payments will be like a sandcastle against what is sure to be a wave of transactions. The AP team will be quickly swamped and washed away.
Encourage a culture of responsibility and accountability. By adopting a cooperative purchasing strategy to help maintain the safety and hygiene standards of your foodservice operations, you can ensure you’re getting the best national price from industry-leading brands.
We may be approaching such a moment in the federal procurement landscape, when changes that were in the works for years converge and create significant shifts in what seems like the blink of an eye. The tectonic procurement plates have been shifting for years as multiple federal procurement vehicles are taking the next step in their evolution.
29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! GSA & VA Schedule Contracting Training for In-House Counsel, Oct.
What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?
The EIP Awards recognize individuals and organizations in the Federal procurement community who make significant contributions to the acquisition system. Prepare for 2025: Post-Election Federal Procurement Insights at the Fall Training Conference The 2024 Fall Training Conference – The 2025 Federal Market: What’s Next?
It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.
In January 2024, the Government Accountability Office (“GAO”) published 31 bid protest decisions, two of which resulted in decisions sustaining the protesters’ challenges. Although the protester offered the lowest price, the agency found its proposal was technically unacceptable because it did not meet the new characteristics.
Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.
Learn More Legal Corner: US GAO Decision Shows Danger of Allowing SAM Registration to Lapse During Soliciation Period The Legal Corner provides the procurement community with an opportunity to share insights and comments on relevant legal issues of the day. COFFEY , LUKE LEVASSEUR , and MICHAEL E. Authored by EVAN C.
Correspondingly, it also will increase competition and access to commercial services, solutions, and products by eliminating the significant variations in the application of the key MAS procurement rules across the program, all to the benefits of customer agencies, GSA, and industry partners.
How the School of Applied Research in Public Procurement trained community leaders to dig into government contracting issues in Kazakhstan, Tajikistan and Uzbekistan. It inspired the creation of a free self-guided e-course on Open Contracting Basics too.
There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders. Balance Procurement Objectives. Before diving into specifics, I feel it is important to note how the crisis has emphasized the importance of Procurement / Supply Chain leaders having a balanced set of objectives.
Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement. These profiles are used by procurement officers to identify potential contractors for upcoming opportunities.
In a recent protest, the Government Accountability Office (“GAO”) held that although performance risk was not specifically listed as an evaluation criterion, an agency may always consider risk that is intrinsic to the stated evaluation factors. South Dade A/C and Refrig., B-421406, April 25, 2023. The GAO dismissed this aspect of the protest.
This Wednesday, The Coalition for Government Procurement had the pleasure of hosting the 11 th Annual Joseph P. This fund, which has raised more than $140,000 over the years, has supported veterans as they pursue their education in government procurement law at the GW Law School. Coffey , and Michael E. Why Attend?
Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%
128.401(e)) Programs. e) provide the following: For a single award small business contract or any unrestricted contract, a concern that recertified as other than small or other than the required small business program status: Remains eligible to receive options and May receive orders or agreements issued. 121.104), HUBZone (13 C.F.R.
Meier, and Oliver E. Dominique L. Casimir, Luke W. Jury ● The United States Department of Justice (“DOJ”) recently announced its statistics for False Claims Act (“FCA”) FY 2023 settlements and judgments. DOJ recovered $2.68
Sustainable government procurement is the process of acquiring goods and services that meet the government entity’s needs while minimizing environmental and social impacts. Public procurement is key to this endeavor because public institutions and state enterprises must procure vast amounts of goods, services, and works to do their jobs.
The governmentwide day on November 20 will feature expert panels addressing “what’s next” after the election for the future of federal procurement. Join us as we dive into what lies ahead for federal procurement in 2025 and beyond! Market and Procurement Outlook Panel: What’s Next?
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7
The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. No fluff, no confusing jargonjust procurement terms and abbreviations explained in a way that actually makes sense.
Celebrating a Dedicated Procurement Leader: Wishing Tom Sisti a Happy Retirement! It is with mixed emotions that The Coalition for Government Procurement announces the retirement of Executive Vice President & General Counsel, Tom Sisti. Furthermore, he worked as Procurement Counsel detailed to the U.S.
The conference, which continues the dialogue from last year on “What is Fair and Reasonable,” will dive into the latest government policies, programs, and procurement topics with sessions including key government officials, industry experts, and legal minds. We look forward to seeing you at the Conference on May 8-9!
E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! As a longstanding contributor in the ever-evolving sourcing industry—from early OCR—to the establishment of eInvoicing Networks, Stephen now applies his extensive tech experience to Ivalua’s unified Procurement platform.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content