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What Are The Cost Accounting Standards?

Capital Edge Consulting

In government contracting, maintaining a DCAA-approved accounting system is crucial. The Defense Contract Audit Agency (DCAA) enforces strict guidelines to ensure that contractors accounting systems meet the standards required for compliance. Key Takeaways: Overview of DCAA Approved Accounting System essentials.

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What is Fair and Reasonable Transparency? 

The CGP

Keeping with the title and theme of the Coalition’s Fall Training Conference, “ What is Fair and Reasonable,” this week’s blog addresses what is fair and reasonable transparency. Transparency is the key to effective communication between and among stakeholders in the procurement process. Transparency is in the government’s interests.

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition. These safeguards are designed to protect the integrity of the procurement process and ensure fairness and accountability.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

Many procurement teams lack the technical expertise to draft precise specifications or rigorously evaluate proposals. The Role of AI in Procurement AI offers powerful tools to improve efficiency, accuracy, and transparency in procurement processes.

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

If public sector bodies and organisations follow clear procurement regulations, they can help uphold high standards of accountability, while still achieving the best results for the general public. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

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Evaluating long-term value in migrating ERP and SIS applications to AWS

AWS Public Sector

Education institutions, though, face slightly different decision-making contexts when evaluating which cloud provider to use to host these applications. As you evaluate your choices, carefully assess the history of your options’ practices, and consider which is most likely to work with you to help you accomplish your institution’s objectives.

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Cost estimates for IRS’s Direct File program were incomplete, GAO says

FedScoop

As the IRS’s Direct File pilot approaches the end of its 2024 runway, a new watchdog report finds that the tax agency’s cost estimates for the program were incomplete and would need “a comprehensive accounting” ahead of a potential takeoff in 2025. We found this as well.