This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Author: Liz Busch Planning for a procurement should consider the entire procurement lifecycle, including contractmanagement 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? Consider the contract end.
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. Definition of Prime Contractor A prime contractor refers to an entity that receives a government contract to oversee and carry out a project.
Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.
We do contractmanagement services, contract closeouts. They’re not really subcontractors because they’ll actually have contracts direct with the government. Are we within budget? We could do it by location, we do it by a multitude of ways so that then the agencies can enter into contracts with us.
Federal Monthly Insights - ContractManagement 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.
The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. The latest iteration of ePS is partly a spin-off of CON-IT, the platform the Air Force has been implementing for Defense contract writing since 2018. billion in contracts on.
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.
Securing a contract with the government can be a game-changer for businesses, offering a stable revenue stream and growth opportunities. This article will guide you through the essentials of government contracting, from understanding different contract types to the steps required to secure a contract with government.
A policy directive mandating all contracts to be exclusively carried out through the e-GP system can ensure a unified approach to procurement. Most of the time, international development partners make resources available under a project, or the government allocates a project implementation budget.
Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. In fact, 74% of ERP implementations go Over Budget and they take longer to roll out.
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.
New release features AI-powered contractmanagement, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contractmanagement. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture.
To illustrate this concept, the table below outlines problematic and better approaches for some typical government objectives: Objective Problematic Approach Better Approach Why To establish contracts for a new or updated program No communication with vendors before the solicitation is released. Do not disclose the budget in the solicitation.
Factors which influence outsourcing: Smaller public entities, in terms of budgets, typically do not fund staffing resources for procurement. Instead, departmental staff are expected to successfully manage the process, which is unrealistic. Most institutions have been practicing some form of outsourcing for a while.
These platforms then collate all industry tenders to enable companies to search, filter, and track relevant contracts quickly. These contracts finder tools give broad access to tender opportunities in different sectors and areas, making it easier for businesses to find and apply for them.
The Office of Management and Budget’s 2024 Revisions of the Uniform Grants Guidance aim to streamline, simplify and expand the overall reach of the $1.2 Jason Miller is the deputy director for management at the Office of Management and Budget.
Embedding sustainability into procurement can support organisations’ wider economic, social and environmental objectives as set out in relevant policies and/or strategies and can be adapted to reflect the nature of the contract. eLearning is available from the Sustainable Procurement Tools platform.
2024 EIP Awards Categories : Lifetime Acquisition Excellence Award – Presented to an individual in the contracting community (government or industry) for demonstrating a life-long commitment to advancing “common sense in government procurement.” What’s next for the budget and Federal market? is less than one month away!
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.
GSA & VA Schedule Contracting Training for In-House Counsel, Oct. 29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! What’s next for the budget and Federal market?
And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budgetmanagement. of cost savings this way, but they can reduce leakage by about 40% with better connected sourcing, contracting and procure-to-pay processes.
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.
Putting a simple clause in your standard contract saying, “no slavery please” does not require anything other than the supplier to say “yes”. In fact, it often needs no less than three different types of collaboration. . Sometimes action can be taken by the buyer that either does not affect the supplier or just requires their agreement.
They’re also ramping up usage in contractmanagement. . For Amrest, it’s all about managing costs with budget and spend control acting as a key aspect of decision-making processes. Their KFC brand uses Ivalua daily, placing nearly 280,000 orders and processing 260,000 invoices annually.
They’re also ramping up usage in contractmanagement. . For Amrest, it’s all about managing costs with budget and spend control acting as a key aspect of decision-making processes. Their KFC brand uses Ivalua daily, placing nearly 280,000 orders and processing 260,000 invoices annually.
In this regard, he remarked that construction disputes were one of the most prominent disputes involving PSUs and often arose from issues starting at the contract formation stage and continuing through the actual performance of the contract and into the pre-arbitration phase.
Join us Next Week at the MAS Basic Training and GSA and VA Schedule Contract Training for In-House Counsel Courses! Time still remains to register for the Coalition’s MAS Basic Training: The Nuts & Bolts and our GSA and VA Schedule Contracting Training for In-House Counsel courses, which will take place next week on February 27 and 28!
NITAAC Looks to Extend CIO-SP3 by Additional Six Months Federal News Network reports that the National Institutes of Health IT Acquisition and Assessment Center (NITAAC) is seeking to extend the current expiration date of its CIO-SP3 contract vehicle by six months. CIO-SP3 is currently set to expire on April 29, 2024.
Auditors also analyzed the Office of Management and Budget's guidance and oversight of the legislation. Eight defense agencies, including the Defense ContractManagement Agency and Defense Contract Audit Agency, are set to begin their migration to DoDNet soon, with the first migration expected to start in October.
When dealing with government procurement, understanding the different types of contracts is crucial. This guide breaks down the major contract types government agencies use, including fixed-price, cost reimbursement, time and materials, and IDIQ contracts. However, this predictability comes with a trade-off.
Are you a small business owner eager to secure gov contracts for small business? This article will show you how to determine your eligibility, discover contract opportunities, and use essential small business programs to gain a competitive edge in the federal marketplace.
The Department of Government Efficiency (DOGE) wasted no time accessing some federal IT systems and scrutinizing contracts. As policy, regulations, funding, and contract strategies of this administration emerge, contractors must be ready to meet new expectations.
He said GSA will do that by adhering to six principles: Building a culture of performance and accountability across the federal government and contracting corps. Eliminating every dollar of waste, fraud and abuse across the federal budget and operations. Championing Made in America policies that support American jobs and workers.
While we need to address the root causes of this over-reliance — poor workforce planning, budget uncertainties and short-term thinking — we must also recognize that contractors are here to stay. It’s not uncommon to hear federal employees refer to contractors as “resources,” or using dehumanizing language like “roll them off the contract.”
Tracking federal contract cancellations is a key part of understanding how new administrations reshape government spending. As policy priorities shift, so do procurement strategiesoften leading to increased contract terminations and stop work orders.
As the 50 th anniversary draws closer and we move forward under our full name, The Coalition for Common Sense in Government Procurement remains dedicated to serving as a leading voice in federal contracting, a nexus between government and industry, and a driving force for positive change. maintenance, custodial and landscaping/snow services.
Greene “will chair a subcommittee to work with two unvetted billionaires who stand to receive billions more in government contracts and subsidies from the government under Trump,” Raskin said. Oversight Committee Ranking Member Jamie Raskin (D-Md.), however, criticized the GOP-led committee’s plans for the new subcommittee.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content