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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

It aims to achieve best value for money by balancing life-cycle costs and quality to meet user needs beyond just the lowest initial price. Balancing Effectiveness and Efficiency Balancing these principles ensures that procurement activities not only achieve their intended outcomes but do so in a resource-efficient manner.

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Mastering How to Get Government Contracts

Select GCR

Securing a contract involves preparing a competitive proposal that meets the solicitation document’s requirements, developing effective pricing strategies that balance competitiveness with profitability, and potentially navigating subcontracting and partnerships.

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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. Understanding the pricing structure outlined in the RFP can help in formulating a bid that aligns with government expectations.

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

In light of existing rules, vendors can deter competition by driving prices down in competitive tenders. However, this strategy may lead to a lack of options and price volatility within the market. Where to Start? Get ready for revolutionary Public Sector spend and procurement management.

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4 steps EdTechs can take to grow their profitability on AWS

AWS Public Sector

EdTech leaders must strike the right balance of investment to drive growth, and a return on investment for their owners. The AWS framework helps EdTechs improve cost efficiency, assess functionality expansion, and grow market share, by aligning pricing with solution value to students and institutions. Review your sales pricing model.

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Thoughts on what is fair and reasonable?

Federal News Network

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

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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. Through that leverage, Cunningham believes that governments can often secure better pricing and terms than they would individually.