Remove Article Remove Bidder Remove Negotiation
article thumbnail

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

The Procurement ClassRoom

This article seeks to disentangle these overlapping terms by examining the tools and methods that are often used interchangeably. For more complex procurement requirements, the submission lead-time may be extended to allow bidders adequate time to prepare comprehensive bids.

article thumbnail

Contract Management’s Impact on Procurement Efficiency

The Procurement School

The following article discusses the various steps of contract management and its role in procurement efficiency. A mutually agreed steel price index was found and a percentage price increase was negotiated based on the steel price. But first a definition of efficiency.

professionals

Sign Up for our Newsletter

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

article thumbnail

How to Sell to the Government (SLED)

GovSpend

Award of contracts: The winning bidder(s) will be awarded a contract to provide the goods or services required by the government agency. Contract management software: Contract management software can help businesses manage the contract lifecycle, from initial negotiation to contract closeout.

article thumbnail

How to Sell to the Government (SLED)

GovSpend

Award of contracts: The winning bidder(s) will be awarded a contract to provide the goods or services required by the government agency. Contract management software: Contract management software can help businesses manage the contract lifecycle, from initial negotiation to contract closeout.

article thumbnail

Evaluate the Options: Vendor Networks

Procureware

In this article we’ll explore the available options and show the advantages and disadvantages of each. If the lead agency that negotiates the contract has more experience than your organization, you can benefit from their expertise. Two leading models are private and cooperative vendor networks.

article thumbnail

Mastering SAM Government Contracting

Select GCR

This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy. To thrive in federal contracting, having an active registration on SAM is non-negotiable. Diving into government contracting with SAM requires a clear roadmap to success.

article thumbnail

Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

This article breaks down the essential rules every contractor needs to know. Beyond the FAR, other significant laws such as the Armed Services Procurement Act and the Small Business Act provide additional guidance on contract negotiation, pricing, and subcontracting.