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Legislation to improve federal agency oversight and management of software purchases passed the House on Wednesday, keeping top IT and software trade groups’ hopes alive that the bill will get through the Senate and become law before this congressional term is up. The Strengthening Agency Management and Oversight of Software Assets Act ( H.R.1695
CAS 411 provides criteria for accounting for the measurement and assignment of material costs to cost objectives and follows generally accepted accounting principles (GAAP). If you don’t have contracts subject to full CAS, then FAR 31.205-26 Material costs requires contractors to implement GAAP when accounting for material.
In January, Local 10 news in Miami reported that a former Miami-Dade School Board member used district-issued credit cards to rack up more than $100,000 in personal purchases that included everything from refrigerators to a trip to Disney World.
City of Bellingham Position: Purchasing Manager Location: Bellingham, Washington Closing Date: Friday, August 11, 2017 at 4:30 pm Pacific Time Interview Schedule: The most qualified candidates will be asked to participate in a panel interview on August 31, 2017. Directs work of purchasing staff in carrying out and executing contracts.
Federal agencies are missing out on cost savings and making too many duplicative purchases when it comes to IT and cyber-related investments, according to a new Government Accountability Office report. The post Software license purchases need better agency tracking, GAO says appeared first on FedScoop.
Jim Wesloh Well, we focus on government contract accounting, including timekeeping expense reports, the entire general ledger and project management and project reports. So, the Federal Acquisition Regulations is the body of law that governs purchasing from the government. Jim Wesloh Yes. Jim Wesloh Yes. Jim Wesloh That’s right.
Kitsap Transit Position: Purchasing Specialist Location: Bremerton, Washington Closing Date: Friday, June 30, 2017 at 4:00 pm Salary: $22.29 - $29.98 This position also prepares resolutions with applicable supporting documentation for the Board of Commissioners’ review and approval.
The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. And the oversight and accountability of subcontracting efforts by prime contractors is getting more scrutiny. Source: OFPP memo from Nov.
Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.” When local governments purchase technology, it’s crucial they understand the unique constraints and responsibilities they face.
The Government Accountability Office found last January that out of the 24 agencies they reviewed for software licenses management, Microsoft was the most common, with agencies reporting it 36 times for a total of about $2.4 billion in spending. Microsoft is the first of what is expected to be many enterprisewide deals.
According to the MarketLinks blog, Sustainable Public Procurement and the Business Environment , “taxpayers around the world are increasingly holding governments accountable to spend public funds for their social and economic benefit in a sustainable manner. Even small purchasing decisions can have a huge impact.
GSA Chief Information Officer David Shive also says nobody at the agency intentionally misled the contracting officer into approving the purchases. also maintains that the purchase violated the Trade Agreements Act of 1979. also maintains that the purchase violated the Trade Agreements Act of 1979. Deputy IG Robert Erickson Jr.
Carolyn Mahar, the Assistant Superintendent for Business and Finance, is responsible for managing the district’s financial operations, drawing on her extensive experience in public accounting, insurance, and education finance. Why Cooperative Purchasing?
Key Takeaways Understand the unique decision-making dynamics and purchasing policies of government buyers to tailor your offerings and build strong relationships. Government buyers operate under strict purchasing policies designed to ensure accountability and compliance in their procurement processes.
In its decision, the ASBCA distinguished the unique circumstances of Amaratek from other cases where the performance was measured in discrete units, which could be directly accounted for during the shutdown. .” In addition, the Antideficiency Act also might restrict an agencys ability to obligate new funds under existing contracts.
For implementation specialists helping government agencies adopt new workflow management tools like CRM systems, HR performance platforms, or payroll and accounting software, timing is everything. Spending & POs give you historical purchasing data down to the line item, enabling you to price your services competitively.
The VA has made steady and significant progress in the management and operation of its prime vendor distribution contract and Supply Blanket Purchase Agreements (BPA) for the Medical/Surgical Prime Vendor (MSPV) program. These products represent higher volume items that are purchased by medical treatment facilities across the VA.
Five of the country’s leading software and tech advocacy organizations are urging Senate and House leadership to pass bipartisan, bicameral legislation aimed at improving federal agency oversight and management of software purchases before this congressional term comes to a close. Minority Leader Mitch McConnell, R-Ky., Matt Cartwright, D-Pa.,
The FBI announced awards for the second iteration of a blanket purchase agreement for IT services and supplies Friday, estimating the spend will be $8 billion. The post FBI’s $8 billion information technology services contract is its largest ever appeared first on FedScoop.
And while no one would say government purchasing has exactly become simple in the intervening 10 years, category management and best-in-class contracting have done their share of work toward making things better. At the Small Business Administration, BICs account for 45.6% of spending was characterized as under management.
The Department of Veterans Affairs has work to do in assessing its software licenses, the Government Accountability Office said in a report that included four other new priority recommendations to the VA.
Carahsoft Technology has agreed to utilize its reseller network and government procurement vehicles to offer CodeLock 's compliance, accountability and security software to government and public sector customers.
Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”
If you are selling products/services under FAR 15 based contracts or subcontracts, submitting certified cost and pricing data and documenting other accounting and purchasing requirements that come along with it, when the products/services technically meet the definition of commercial under the FAR – it may be time to rethink your approach.
A Blanket Purchase Agreement (“BPA”) is a “simplified method filling anticipated repetitive needs for supplies or services by establishing ‘charge accounts’ with qualified sources of supply. BPA’s may only be used for purchases that are otherwise authorized by law or regulation. FAR 13.303-1(a). Crewzers Fire Crew Transp.,
Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”
Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”
Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”
The Small Business Jobs Act of 2010 (SBJA), Federal Acquisition Regulation (FAR) 8.405-5, and the setting aside of General Services Administration (GSA) Blanket Purchase Agreement (BPA) Schedule Orders ? Thereby, accommodatingly, the appropriate “method”/vehicle/charge account (BPA) is available for use as needs arise.
The Small Business Jobs Act of 2010 (SBJA), Federal Acquisition Regulation (FAR) 8.405-5, and the setting aside of General Services Administration (GSA) Blanket Purchase Agreement (BPA) Schedule Orders? Thereby, accommodatingly, the appropriate “method”/vehicle/charge account (BPA) is available for use as needs arise.
The Federal Funding and Accountability Transparency Act (FFATA) requires prime contractors to report their first-tier subcontracts and grant recipients to report their first-tier subawards using the Federal Funding and Accountability Transparency Act Subaward Reporting System website.
. – Cost optimization which comes from two sources: first, the savings that are captured from purchasing through preferred suppliers and compliant channels, and second the lower cost of a more efficient purchasing process. A typical example is purchase order (PO) updates. Criteria to Choose the Right eProcurement Software.
The Department of the Navy (DoN) modified its blanket purchase agreement (BPA) with Amazon Web Services (AWS) to provide U.S. Implementing the required controls for AWS Marketplace under the Navy BPA Navy commands can now use AWS Marketplace from their AWS account IDs, by following the procedures in the DoN ESL Ordering Guide for AWS.
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?
In August of 2023, the Defense Contract Audit Agency (DCAA) changed what is used to refer to as Mandatory Annual Audit Requirements (MAARS) 13 audits to Real-Time Audits of Purchase Existence and Consumption.
In addition to the IT team, health and human services subject matter experts, the Amazon Managed Services team, and the AWS account team helped the department with EPS design and deployment in the AWS Cloud. Out-of-state public entities can purchase through the DIR if an Interstate Cooperation Contract (ICC) is established.
million to settle allegations that it misrepresented their commercial pricing practices and overcharged the government on VMware software products and related services purchased under the General Services Administration schedule. In 2015, the company and VMWare agreed to pay a fine of $75.5 Carahsoft won more than $1.4
City and county governments are often key buyers of landscape equipment and supplies, says Keith McGinty , director of bids and government accounts at SiteOne Landscape Supply , a firm that sells soil maintenance products, irrigation, lighting, nursery products, tools, equipment, safety items and hardscapes in addition to landscape supplies.
That practice has been frequently criticized by civil rights groups that argue that by purchasing the phone location data from third parties, the government is essentially side-stepping the Fourth Amendment and violating peoples’ privacy. Within DHS, the use of this data has raised alarm bells.
My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. The perfect vision was that by merging e-Invoicing with a hammer called ‘No-PO No Pay’ the earth would move under Accounts Payable. or Accounting systems (e.g.
I am delighted to present to How to Crack a Nut readers an outline of my recently published book Framework Agreements, Supplier Lists and Other Public Procurement Tools: Purchasing Uncertain or Indefinite Requirements (Hart Publishing, 2023).
The BAA creates a preference for domestic products when the government purchases supplies. The whistleblower’s suit resulted in a $625,000 False Claims Act settlement between Instec Inc. and the U.S. Department of Justice in September of 2022. In 2020, a former employee of Instec Inc.
“This is about meeting our customers where they are with a modernized user experience and streamlined process for government purchase cardholders,” said Tom Howder, the acting Federal Acquisition Service commissioner, in a release. Pacific Ink offers office supplies and Social Glass provides access to small purchases across 50,000 products.
The ICMP benefits customers and ISVs in several ways: ICMP simplifies procurement by aligning software purchases with existing cloud contracts. ICMP enables customers to purchase software with custom terms, volume pricing, and flexible payment options from ISVs or Channel Partners.
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