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Strategies for Designing a Contract Management Plan

The Procurement School

Author: Liz Busch Planning for a procurement should consider the entire procurement lifecycle, including contract management and close-out. However, it’s difficult to anticipate everything that may occur after the contract is signed – how does one plan for the unpredictable? This process should be systematic (i.e.

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After a career in procurement, she’s selling to the government

Federal News Network

We do contract management services, contract closeouts. So we provide a whole host of services to assist them in getting the job, and then we monitor and make sure that they are meeting the terms and conditions of their contracts or if we need to step in and help them, we will do that as well. Are we within budget?

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State Dept transforming procurement with category management, streamlined processes

Federal News Network

Federal Monthly Insights - Contract Management Modernization - 9/24/2024 [link] Download audio The State Department is embarking on a transformation in how it performs acquisition. It’s moving to a category management approach, organizing procurement around the primary categories of spend.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

This would result in large monetary and transactional savings for governments because, for example, approximately 25% of public contracts in the region require time extensions averaging nearly double their original terms, while around 13% experience budget increases of up to 50%. of GDP, according to FISLAC calculations.

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What is a Prime Contractor?

Select GCR

Key Takeaways Prime contractors, central to federal contracts, manage and ensure compliance with government projects, hiring subcontractors and overseeing all aspects from start to finish. They are accountable for managing all aspects of the project, ensuring that it is completed on time and within budget.

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Evolution of the Status Quo

The Procurement School

Author : Chris Sheel Delivering major capital projects on time and on budget has always been a challenging and elusive goal. Budgets previously developed require reactive revisitation as estimates balloon. Supply chain issues” has become an accepted catch-all term to explain a range of circumstances.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

In fact, 74% of ERP implementations go Over Budget and they take longer to roll out. By contrast, implementations of best-in-class solutions are typically done on budget due to fixed fees and reduced complexity. In addition to all of these benefits, the total cost of ownership of an ERP-based solution is higher.