Remove Accountability Remove Risk Management Remove Thresholds
article thumbnail

Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown. Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted.

article thumbnail

From a recent practitioner: More of what’s ahead for federal acquisition in 2024

Federal News Network

I think we recently saw an article that we crossed $100 billion a year market share threshold, which was somewhat unheard of just even a few years ago, but it’s all due to an unknown. New products and capabilities are coming to market like AI and machine learning, and we also have new risks that are emerging.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navy’s journey to new procurement system remains in peril

Federal News Network

And experts said merely withdrawing the technical assessment, which the Navy’s Program Executive Office for Manpower, Logistics and Business Solutions (PEO-MLB) asked for as part of its risk management strategy, doesn’t offset the critical findings. Today, more than 100 contract actions worth more than $1.5

article thumbnail

Artificial Intelligence & Product Liability

Government Contracts & Global Trade

1] As manufacturers and sales distribution entities embrace AI and incorporate it into their products and services, they should account for and establish policies, procedures, and processes designed to limit personal injury and property damage (and the related exposure) caused by dangerous defects in products that incorporate AI.

article thumbnail

Ascend Updates

Great Government Through Technology

Ascend will include recently updated standards on supply chain risk management (SCRM) and cyber SCRM (C-SCRM). Data ownership and portability: Ascend establishes the requirement that agencies own their accounts and data, and cloud service providers (CSPs) have to make the data portable in case the agency wants to move it.

article thumbnail

Pentagon IG not impressed by effectiveness of DoD vendors’ award fees

Federal News Network

This month, CISA extended the charter through 2026 for the Information and Communications Technology Supply Chain Risk Management Task Force. Now, CISA said the task force can continue to work on software assurance guides and start to examine how AI could mitigate supply chain risks. Survey responses are due by March 1. (

article thumbnail

Friday Flash 04/12/2024

The Coalition for Government Procurement

The document, officially titled “Incident Response Recommendations and Considerations for Cybersecurity Risk Management: A CSF 2.0 The new draft guidance also shifts the focus away from “detecting, analyzing, prioritizing, and handling incidents” to incorporating incident response into overall cybersecurity risk management activities.