Government Contracts & Investigations

SEPTEMBER 25, 2023

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]

Negotiation 98

Negotiation Price Government Contracts IT 98

GovSpend

FEBRUARY 27, 2025

On February 5, 2025, the Council of the District of Columbia discussed their recent purchase of Salesforce and the hope to transfer data and start using the new software in August of 2025. Spot Budget Approvals for Software & Implementation Services Government agencies dont issue RFPs before they secure funding.

Budget 59

Budget Competitive Bidding Purchasing Accountability 59

SmallGovCon

DECEMBER 20, 2024

For example, according to a report published by the White House Office of Management and Budget (OMB), the 2013 shutdown was estimated to reduce Gross Domestic Product growth by between $2 and $6 billion. As such, the fact that the Army received any work during October 2013 obligated it to pay the full contract price for that month.

Government 105

Government Government Contract Government Contracts 105

American City & Country

OCTOBER 29, 2024

The district recently used cooperative purchasing to enhance its school environment with outdoor seating areas—a move that reflects both the district’s financial responsibility and focus on student well-being. Why Cooperative Purchasing?

Purchasing 58

Purchasing Finance Education Bidding 58

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Think about all the users (requisitioners, approvers) of a P2P process and the amount of time they spend purchasing if the process is inefficient. It is key to avoid maverick spend.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

Select GCR

DECEMBER 10, 2024

Key Takeaways Understand the unique decision-making dynamics and purchasing policies of government buyers to tailor your offerings and build strong relationships. Government buyers operate under strict purchasing policies designed to ensure accountability and compliance in their procurement processes.

Government 52

Government Government Buyers Government Contracts 52

GovSpend

FEBRUARY 20, 2024

At GovSpend, we continuously receive purchase order data with line-item detail from over 30K state and local agencies and public school systems. And, most importantly, we’re applying these AI models consistently across our datasets so our customers can start to understand the story around a purchase.

Purchasing 101

Purchasing Budget Data Price 101

GovCon Wire

MARCH 27, 2024

million blanket purchase agreement to provide strategic transformation and enterprise project support services to the Defense Logistics Agency. DLA received 14 bids for the five-year firm-fixed-price BPA and will fund the contract using fiscal 2024 through 2029 defense working capital funds and other budget allocations, the Department of

Logistics 59

Logistics Contract Bidding Budget 59

NASPO

JULY 31, 2023

As local governments look for ways to stretch their budgets, many are turning to cooperative purchasing, where they can take advantage of the volume discounts states negotiate for office supplies, laptops and even specialized applications. READ MORE

Government 52

Government Government Buyers Procurement Team 52

The Coalition for Government Procurement

OCTOBER 31, 2024

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! Authored by Scott N.

E-procurement 52

E-procurement Logistics Budget Procurement 52

ivalua

SEPTEMBER 13, 2020

For organizations, this means employees can easily and quickly buy all the goods and services need from preferred contracts, ensures they stay within budget and work with required approvals. Buying at negotiated prices and within budget. Pain-Point: Purchasing compliance and collaboration. Reduced errors, fraud and risk.

Procurement 81

Procurement E-auction E-procurement Supplier 81

The Coalition for Government Procurement

NOVEMBER 7, 2024

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! Thank You Sponsors !

Logistics 52

Logistics E-procurement Supply Chain Procurement 52

ivalua

NOVEMBER 29, 2021

To summarize, tail spend is commonly labeled as the money a company spends on purchases that accounts for roughly 80% of total transactions, making up about 20% of the company’s spend by volume. Budgeting challenges as tail spend typically often not planned for . Poorly utilized preferred suppliers with negotiated pricing.

Buyers 52

Buyers Supplier Purchasing Procurement Team 52

GovSpend

MARCH 18, 2024

At GovSpend, we continuously receive purchase order data with line-item detail from over 30K state and local agencies and public school systems. And, most importantly, we’re applying these AI models consistently across our datasets so our customers can start to understand the story around a purchase.

Purchasing 52

Purchasing Budget Data Price 52

The Procurement School

DECEMBER 19, 2022

Make minor edits to solicitation documents from a previous similar purchase and issue. Meet with those directly involved to understand the current challenges and how needs have changed since the previous purchase. Consider what vendors need to know to propose a competitive approach and price. Avoid jargon and spell out acronyms.

Supply Chain 52

Supply Chain Buyers Budget Quality 52

NIH NITAAC

AUGUST 2, 2022

Globally recognized, EPEAT helps purchasers, manufacturers and resellers buy and sell environmentally preferable electronic products. The Global Electronics Council, which owns and manages EPEAT, also facilitates the EPEAT Purchaser Awards. The awards recognize excellence in sustainable procurement of EPEAT-registered products.

Electronics 52

Electronics E-procurement Sustainability Purchasing 52

ivalua

SEPTEMBER 13, 2020

For organizations, this means employees can easily and quickly buy all the goods and services need from preferred contracts, ensures they stay within budget and work with required approvals. Buying at negotiated prices and within budget. Pain-Point: Purchasing compliance and collaboration. Reduced errors, fraud and risk.

Procurement 59

Procurement E-auction E-procurement Supplier 59

American City & Country

OCTOBER 29, 2024

As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. With a single login and single shopping cart, you can streamline your purchasing experience with OMNIA Partner’s new e-commerce platform. Did you know Lawson products are now available on OPUS?

Vendor Management 58

Vendor Management Inventory Management Inventory Management 58

AWS Public Sector

MARCH 19, 2024

Organizations traditionally emphasize pricing to control costs when selecting vendors. This approach works for purchasing commoditized hardware but falls short for assessing cloud solutions. We have a limited budget. Why can’t we just focus on price? What value does cloud computing offer that on-premises solutions don’t?

Procurement 80

Procurement IT Price Sustainability 80

The Procurement School

JANUARY 12, 2023

Look for trends, where the organization is buying similar commodities through independent solicitations or direct awards and entering discrete contracts and purchase orders for each. Identify Needs Business intelligence is based on historical purchases and therefore may not capture all existing and emerging needs.

Procurement Strategies 52

Procurement Strategies Procurement Strategic Planning Supply Chain 52

Federal News Network

AUGUST 20, 2024

30, 2026, according to a 2020 memo from Kim Herring, the then-acting principal director of the Office of Defense Contract and Pricing. 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 million in 2024.

Procurement 119

Procurement Electronics Contract Evaluation 119

NIH NITAAC

JUNE 1, 2021

The Act was created with one mission in mind: To speed up IT purchasing so that by the time technology got to the buyer, it wasn’t obsolete. These were to be administered by Executive Agencies that met rigorous standards set by the Office of Management and Budget. Fair opportunity explained.

E-procurement 52

E-procurement Purchasing Buyers Electronics 52

Open Contracting Partnership

SEPTEMBER 3, 2024

In practical terms, using OCDS data enabled B2Gov to handle data from multiple procurement markets and track procedures from start to finish, including capturing changes to active purchases. Identifying what’s valuable The unit price in a procurement procedure is the fundamental variable that B2Gov always strives to provide their clients.

Data 57

Data Public Procurement Tender Price 57

The Softly Spark

SEPTEMBER 18, 2023

A new sustainability initiative , Walmart’s Built For Better program helps customers live better as they shop for everyday low prices. Showcasing sustainable goods to eco-conscious customers makes price-conscious ones more likely to see them too. In addition, Walmart has the advantage of having both retail and online stores.

Retail 52

Retail Sustainability Price Transparency 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

Select GCR

SEPTEMBER 17, 2024

Key Takeaways Understanding the different types of government contracts—fixed price, cost reimbursement, and time and materials—is crucial for businesses to manage risks and costs effectively while engaging with government projects. There are three primary types of contracts: fixed price, cost reimbursement, and time/materials contracts.

Government 52

Government Government Contract Government Contracts 52

GovSpend

APRIL 29, 2024

In this post, I will summarize our recommendations, particularly when it comes to growing your federal contract business: market research, anticipating future opportunities, devising effective pricing strategies, and implementing targeted marketing efforts.

Data 52

Data Contract Price Procurement 52

NIH NITAAC

SEPTEMBER 1, 2022

In a nutshell, at the end of the fiscal year, unspent funds expire, and agencies make plans to spend their allocated dollars to exhaust the “use or lose” funds in their budgets. Everything IT What’s more, with the NITAAC family of GWACs, agencies are not limited in what they can purchase.

E-procurement 52

E-procurement Budget Purchasing Category Management 52

NIH NITAAC

SEPTEMBER 1, 2022

In a nutshell, at the end of the fiscal year, unspent funds expire, and agencies make plans to spend their allocated dollars to exhaust the “use or lose” funds in their budgets. Everything IT What’s more, with the NITAAC family of GWACs, agencies are not limited in what they can purchase.

E-procurement 52

E-procurement Budget Purchasing Category Management 52

Procureware

NOVEMBER 16, 2017

Their performance is crucial to achieving your financial, performance and quality objectives, and a poor supplier creates risks for everything from budget overruns to missed schedules and liability lawsuits. Many are geographically focused while others focus on aggregating purchasing with a specific vertical market.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

GovLoop

NOVEMBER 2, 2022

Given budget pressures, it can be tempting to take a Band-Aid approach to technology issues, modernizing a service here, an application there. State and local governments qualify for the MAS with the GSA Cooperative Purchasing Program, which is a benefit that many agencies are unaware of. What do you get?

Innovation 52

Innovation Negotiation Budget Purchasing 52

Naomi Clews Consultancy

NOVEMBER 2, 2023

. ​I was responsible for my individual budget that included a Profit and Loss (P&L) account. Once my competitors had sold out, (resulting in a shortage of supply) I could increase my selling price, (if I thought the single would continue to sell well at a higher price) and use the profit to write off obsolete stock.

Supply Chain 52

Supply Chain IT Warehouse Demand 52

Open Contracting Partnership

AUGUST 3, 2023

Subkhanov discovered more than 300 government agencies had recently purchased a book by the President of Uzbekistan that cost more than $650 a copy. Mirzo Subkhanov: “Only close attention and direct public participation will help to ensure efficient and targeted use of the budget.” Are the goals being achieved?

Procurement 52

Procurement Public Procurement E-procurement Participation 52

Open Contracting Partnership

JUNE 3, 2024

Sustainability needs to be seen as a wider issue, not just green purchasing and the environment, but also supporting women businesses and local economic development. It also introduced a fine of 5% for the contract value or bidding price for violating procurement rules. It starts from the time you are planning for the budget.

Public Procurement 80

Public Procurement Procurement E-procurement Transparency 80

Federal News Network

NOVEMBER 28, 2023

Programs like this often grow quickly, as evidenced by examples like GSA’s SmartPay program, where purchase card dollar volume grew by 50% in the first five years and has maintained a relatively steady march upward to what is now more than $20 billion each fiscal year.

Procurement 59

Procurement E-procurement Leadership Data 59

ivalua

NOVEMBER 29, 2022

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 budget management. Surprisingly, competitive sourcing has decreased in 2022, down from 48% to 44%, mainly because of rising prices that put suppliers in the driving seat.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

Procurement Notes

MARCH 5, 2024

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%

Government Contracts 52

Government Contracts Government Government Contract 52