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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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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

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.

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Congress presses VA on modernization overhaul, supply chain system upgrade

FedScoop

Michael Parrish, the VA’s chief acquisition officer and principal executive director, said during the hearing that the agency does not view the SCM as a “major” IT project because the VA has not established a “firm budget” or a “firm schedule.”

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A red light for corruption: How the Dominican Republic is using open data, better processes & collaboration to fight corruption

Open Contracting Partnership

Public contracts matter, he says: “The government allocates 32% of the country’s budget towards goods, services, and public works, to secure the rights and enhance the quality of life for citizens. DCGP’s data quality has continuously improved over the last decade, enabling increasingly detailed analysis.

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Friday Flash 06/07/2024

The Coalition for Government Procurement

Identifying agency commitments will incentivize industry to compete for the BPA and improve the quality of any responses submitted. OMB Launches Acquisition Data Strategy The Office of Management and Budget (OMB) issued a circular on May 30 entitled “Strategic Management of Acquisition Data and Information.”

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Government Contracts Issues for a Recession

Procurement Notes

To be at the 100-employee threshold, the employer must be a “business enterprise that employs— (i) 100 or more employees, excluding part-time employees; or (ii) 100 or more employees, including part-time employees, who in the aggregate work at least 4,000 hours per week, exclusive of hours of overtime.” [57]

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Buy America Update: BAA Requirements Make Compliance Complex, Yet Necessary

GovCon & Trade

OMB Guidance On August 14, the White House’s Office of Management and Budget (OMB) issued final guidance that will serve as an aid for the heads of federal agencies to implement domestic preference requirements as required by the Build America Buy America Act (BABA). We explore three new updates below.