Remove Accountability Remove Negotiation Remove Risk Management
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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

“Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.”

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4 major acquisition changes GSA is pursuing in 2024

Federal News Network

GSA-collected fees would have accounted for $30 million of the total $33 million in fund credits.” “‘Best value’ also reflects the current realities of how ordering activities use the GSA [schedules] program per its ordering procedures in the FAR.1 Koses said CICA change would help contracting officers as well as companies alike.

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Industry groups push back on cyber incident rules requiring “full access”

Federal News Network

Just some checks and balances, so we’re doing this in a collaborative manner, we’re taking a risk management approach to cybersecurity, both for the government and for the contractor,” Schneider said. The groups also said there should be an appeals process so contractors can object to “unnecessary” access to systems.

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How to Bid on Government Jobs: A Practical Guide

Select GCR

Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process. Regular internal audits can help contractors maintain compliance and profitability by identifying discrepancies in accounting practices.

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Why Procure-to-Pay Software is Critical Today

ivalua

digitization Procurement processes from sourcing to accounts payable is a key strategy. Procure-to-Pay software also helps capture negotiated savings, by simplifying and enforcing compliance to contracts and policies. The same logic supports effective supplier risk management.

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Carahsoft raid may be a wake up call for the reseller market

Federal News Network

I expect there to be fallout on the supply chain risk management side no matter what happens to Carahsoft. I’ve had clients who pushed back, delayed and then negotiated what the Justice Department really wanted. But there needs to be some accountability on the procurement ecosystem side too.

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How Procurement Can Add Value To Supplier Master Data Management

ivalua

Spend analysis — Improves negotiation position and leverage and increases contract compliance by correctly aggregating spend to the appropriate parent supplier. Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Risk management.