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Contract Administration Basics

The Procurement ClassRoom

A contract is a written agreement, enforceable by law, between a procuring entity and a supplier , contractor or service provider for the provision of goods , works or services. Preparation for contract administration begins with planning , which should begin during the bidding and selection process. Where does it start?

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Ultimate Guide to the Insight of Public Procurement Professionals

Tendersinfo

Ultimate Guide to the Insight of Public Procurement Professionals Public Procurement is a multi-staged activity and requires a thorough understanding of each process to be more successful with the bids. The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful.

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6 Key Elements of Successful RFPs and RFQs

Public Contracting Institute

To gain a deeper understanding of bids and proposals in government contracting, consider exploring our Bids and Proposals training category. Post-Award Considerations The work doesn’t end once a contract is awarded. Proper contract administration and closeout are crucial for successful project completion.

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How legislators could make things a little easier for those companies working with the government

Federal News Network

And then that can be part of your bid. And the government doesn’t, from a contracting point of view, doesn’t have to pay you for that. This is particularly powerful in the government contracting business, where you bid work based upon being able to fully provide the employees necessary to do that.

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Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts

Public Contracting Institute

The importance of FedRAMP certification Obtaining FedRAMP certification is essential for government contractors who want to offer cloud-based services to federal agencies. This program provides a comprehensive introduction to the legal aspects of government contracting.

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Watching the Watchman – New FAR Rule Opens Door to Further Feedback on Acquisition Process

SmallGovCon

In Fiscal Year 2022, 1,595 bid protests were filed with GAO. While that seems like a large number, it pales in comparison to the number of federal contracts the federal government awards in a given year. On average, the government awards over 11 million contracts per year. Questions about this post? Need legal assistance?

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7 Secrets to Quicky Become Proficient in Public Procurement

The Procurement ClassRoom

This is further developed into policies and procedures, procurement and contract administration manuals and guidelines, including standard bidding documents which are used for inviting bids and proposals. Checklists are important to your professional development as a procurement practitioner. How is it done?