Remove Budget Remove Contract Management Remove Negotiation
article thumbnail

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.

article thumbnail

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.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price 105
article thumbnail

Private Sector Tender Platforms and Databases

Tracker Intelligence

They also come with other aids, such as bid management tools, competitor analysis, contract management, or compliance tracking, which organisations can use to improve bidding strategies and increase their odds of winning contracts.

Tender 52
article thumbnail

Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

article thumbnail

Friday Flash 02/09/2024

The Coalition for Government Procurement

Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Within six months, the Office of Management and Budget would have to require the implementation of the Framework by federal agencies.

article thumbnail

Friday Flash 10/25/2024

The Coalition for Government Procurement

Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for the budget and Federal market? Attendees will gain critical insights into: What’s next for the VA budget and healthcare investments? is less than one month away!