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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used.

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OMB Final Rule Rewrites the Uniform Guidance for Grants, Cooperative Agreements, and Other Federal Financial Assistance

Government Contracts Legal Forum

On April 22, 2024, the Office of Management and Budget (OMB) issued a Final Rule significantly revising the Uniform Guidance for grants, cooperative agreements, and other federal financial assistance. Changes to 2 CFR Parts 25, 170, 172, and 175 incorporate newer statutory requirements and make certain plain-language revisions.

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Navy’s journey to new procurement system remains in peril

Federal News Network

The Navy ePS program is on track, on budget and hitting all of its milestones, and since the report came out, they’ve onboarded yet another tranche of users and migrated $1.6 It’s typically called out in the request for proposals that there will be a past performance, a technical assessment and evaluation of price and volume.

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Friday Flash 04/12/2024

The Coalition for Government Procurement

Under the ACCESS Act, the Office of Management and Budget would be instructed to issue guidance for agencies to implement the bill within 180 days of its enactment. Harada currently serves as the Senior Advisor, Office of Federal Procurement Policy, for the Office of Management and Budget.

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Leveraging AI to Transform Macroeconomic and Fiscal Policymaking in Latin America and the Caribbean

Inter-American Development Bank

The technology’s potential to enhance the precision of economic forecasts, optimize budget allocations, and streamline tax administration is immense. AI can introduce data-driven insights for more evidence-based and transparent budgeting. However, it also introduces complexities that demand forward-thinking fiscal strategies.

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Your Teams Have Account Plans in Place… But Are They Optimized for Federal Contracting?

GovSpend

Evaluate how contracts are awarded, whether they are full and open, competed, not competed, or under the SAT threshold. Is the agency buying Identify the top small businesses or businesses in your socioeconomic category and consider partnering with them or emulating their strategies.

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How to make better public procurement decisions with business intelligence: Insights from Ukraine

Open Contracting Partnership

There are specific dashboards that analyze prices on the central e-catalog , medical procurement , buyer evaluations , Energy Services Company (ESCO) procurement, or internal auditing practices. Recently, TI Ukraine found an interim solution that combines the flexibility of ProBI with a low “entry threshold.”