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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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Is e-Procurement Free For Buyers?

Mercell

I left with a great feeling and followed-up with an email confirming our services and pricing. Now why do I think this is not in the best overall interest of procurement professionals? We all know public procurement can be made better and more efficient by automating quite a few aspects of your work.

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

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. Effectiveness in Public Procurement Effectiveness in public procurement measures the degree to which procurement activities meet their intended objectives and outcomes.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Cross-departmental collaboration and scalable solutions are important to maximizing ROI and adapting to changing citizen demands within budget constraints.” No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Prioritize stakeholder engagement, including community input.

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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.

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The Benefits of Procure-to-Pay

ivalua

A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.

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Strengthening public procurement in Africa: a conversation with Joyeuse Uwingeneye

Open Contracting Partnership

It’s an appropriate workplace for the woman spearheading efforts to increase transparency and oversight of public spending in Rwanda, by digitalizing the platform running the country’s public procurement and professionalizing its workforce and processes. Procurement authorities become the initiators,“ says Uwingeneye.