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The government both creates and runs on data. Given that agencies spend hundreds of billions of dollars on goods and services the more procurement data it has, the better it can understand trends and ‘manage’ procurement. That’s the idea behind a data source effort known as Hi-Def. Charlotte Phelan: Exactly.
The platforms unique algorithms and data integration capabilities made it irreplaceable for real-time battlefield analysis, addressing critical national security needs. Network with Agencies : Build relationships with federal buyers and contracting officers. Example: The U.S.
This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Key Takeaways Understand the unique decision-making dynamics and purchasing policies of government buyers to tailor your offerings and build strong relationships.
Approach: The new director of the procurement agency led the development of a data-driven corruption risk monitoring system and worked with a reform team to strengthen the institutional capacity of government buyers, improve cross-agency coordination and increase collaboration with civil society.
Social Selling has emerged as a powerful strategy to engage with federal agency buyers and teaming partners. Next he explains when and how to engage to become 'findable' and 'attractive' to potential buyers. So it is crucial to reach and connect with these potential buyers. It is just a process. Visibility.
Here is Colombia setting up an open framework to better connect buyers and sellers in an orderly and transparent manner. Meanwhile, Germany used buyers lists with specified maximum prices as another effective tool. The market is disrupted, buyers and suppliers urgently need to connect.
How to analyze your Tail Spend: Understanding spend data. Spend analysis enables automation of data cleansing, enriching and categorization. Data comes from multiple sources, such as purchasing/payment systems, purchasing card data, travel and expense systems, and often multiple ERP systems. We’re here to help.
Open data is often lauded as a magic pill for anti-corruption: reveal what’s going on, inform the public, and, presto, government will become more accountable. Oh, and big data just means bigger gains, right? But even the very first stage — collecting the data — is much harder than it seems.
Her passion for helping others understand government contracting led her to join forces with data scientist Marcelo Blanco and establish B2Gov. The system works by collecting public procurement data and structuring it in the Open Contracting Data Standard (OCDS) format. Diegues says.
Companies Ten Charged and One Arrested in Connection with Sanctions Evasion Scheme CISA’s chief data officer: Bias in AI models won’t be the same for every agency The post SmallGovCon Week in Review: April 22-26, 2024 first appeared on SmallGovCon - Government Contracts Law Blog.
By combining historical spending data with agency contact info in your B2G market research, you can create a stronger pipeline of leads, find the right contacts to call, then quickly demonstrate expertise in your outreach. The post Using Historical Spending Data to Boost Your Public Sector Sales appeared first on GovSpend.
The data in this case is text from natural language , which is rarely structured data. It can be found in any human communications, either live conversations (ch atbots, email, speech to text devices …) or stored publicly on the Internet or privately as textual data in databases.
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).
The government took three key steps: i) careful planning for the green transition; ii) implementing green public procurement (GPP) in practice with a focus on building the capacity of public buyers; and iii) learning powered by data-driven monitoring with a public dashboard. Can everything be green?
Challenge: In Ukraine, a lack of machine-readable data about procurement appeals made it difficult for government suppliers to defend their rights and interests. billion), according to data from Prozorro’s public business intelligence model. billion (US$1.9 Companies using the Clarity App generated 13.4%
In a previous blog , we explored some common problems data scientists encounter when collecting and analyzing data. Some of these challenges are made more explicit in our most recent report, “India’s Federal Procurement Data Infrastructure: Observations and Recommendations.” CSV, JSON, XML) to improve usability.
Creating a dynamic marketplace that promotes transparency of pricing, services and supply contracts, allows suppliers to continually update their offerings and prices and enables public sector buyers easier access to the latest technology and services.
In October 2024, use of the pre-bidding module became mandatory for Mexico City’s buyers. The idea for the pre-bidding module emerged from the team’s previous collaboration supporting the Secretary of Mobility to run an open tender process for a major upgrade to the city’s bike-share service ( learn more about the Ecobici project ).
It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s. So the network providers just haven’t delivered, and only further fractured the link between buyer and supplier. .
GSA created the CPI program under a proof-of-concept moniker with awards to Amazon, Fischer and Overstock Government in 2020 under direction from Congress with a goal of capturing data on and managing products under the micro purchase threshold of $10,000.
The guidance also indicates that ‘ Greater transparency of procurement data will make it easier to see what approaches have been successful and encourage use of those approaches more widely across the public sector.’ This is an important issue that may require further discussion in a separate post. 48 and 46 PCR 2015).
By combining historical spending data with agency contact info in your B2G market research, you can create a stronger pipeline of leads, find the right contacts to call, then quickly demonstrate expertise in your outreach. The post Using Historical Spending Data to Boost Your Public Sector Sales appeared first on GovSpend.
With an extensive background in data management, Nate brings a unique skillset to the helm and is well-equipped to lead GovSpend into a new chapter of data delivery and AI technology. With troves of information available, the marketplace should be a breeding ground for data innovation, revealing opportunities.
The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.
We only have three regional offices and hundreds of buyers. But these organizations aren’t connected to the right government agencies, they don’t have good access to information, to the procurement plans, and the open data. Audits are post-mortems after things have gone bad.
In October, EU countries will be required to adopt eForms in a bid to improve the quality of data published on the block’s government tendering. With data excellence as one of the pillars of their mission, TenderNed has been working on creating better data within the Dutch government for several years.
As well in June, we had Meet the Buyer National, a great event that took place in Hampden Park in Glasgow, where businesses, social enterprises, and third sector organisations, all came together with Scottish public procurers. The aim of the platform is to support data-driven procurement decisions. A really good and enjoyable event.
This regulatory technique simply seeks to allow public buyers to ensure compliance with the EU AI Act by cascading the relevant obligations and requirements down to tech providers (largely on a back to back basis). Limitations in the model AI clauses The model AI clauses come with some additional ‘caveat emptor’ warnings.
The Office Of Management and Budget and General Services Administration have been fielding a data integration tool to help contracting officers. Dubbed Co-Pilot, it gathers data from various governmentwide procurement systems, and presents buyers with pricing histories, vendor information and other data to help their decisions.
Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. ESG Objectives for Buyers.
Teamwork is essential when cities and counties plan to buy new systems and equipment, says Gary Mitchell , director of SLED (state, local and education) business development at Iron Mountain Government Solutions , a company that provides secure management of data and assets; it works to protect, connect and activate high-value customer data.
The one finding that should definitely not go unnoticed is that, according to DRCF, ‘ Buyers can lack the technical expertise to effectively scrutinise the [algorithmic systems] they are procuring, whilst vendors may limit the information they share with buyers ’ (at 9). This is extremely worrying.
Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. They have also taken a hardline approach to supplier master data cleansing and standardization which led to a high quality supplier database they continue to work hard to maintain.
I am reading a leaflet for a contract management portal when I overhear a conversation between a buyer and a supplier. “I says a buyer. AI might be fast, but buyers cannot rely on it to be a subject matter expert. If a bid is incorrectly evaluated, the buyer can hardly hold the AI response generator accountable.
It is a very accessible and helpful primer on some of the most salient issues to be considered when exploring the possibility of using AI to extract insights from procurement big data. In this post, I venture some thoughts on meaning, AI, and public procurement big data.
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] 4] TINA is intended to “level the playing field” by providing Government negotiators the same cost or pricing data available to contractors.
They are the primary source of federal contract opportunities, which small businesses can tap into by reviewing agency forecasts, using systems like the Federal Procurement Data System, and contacting the agency’s small business office. The old ways of a DUNS, or data universal numbering system, are over as this number is no longer required.
Mike Shepherd, the director of the catalog management office in GSA’s Federal Acquisition Service, said industry sellers and agency buyers will see a stark change when using the FCP from the previous catalog management system, called the Schedule Input Program (SIP), under GSA Advantage! Automated data validation checks.
GSA Schedules, also known as Multiple Award Schedules (MAS), provide pre-negotiated prices for millions of commercial products and services, making procurement more efficient for federal, state, and local government buyers.
Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. C2FO: Buyers on the Ivalua platform can pay their suppliers early and proactively set goals for return on their cash. How will the C2FO partnership benefit businesses?
Recognizing the value that public sector and education buyers can realize through AWS Marketplace, an increasing number of education technology (EdTech) and workforce development companies are listing their products on AWS Marketplace. What is AWS Marketplace?
They leveraged Paraguay’s high quality, publicly accessible open contracting data to measure the existing participation of these smaller businesses and to understand their challenges in working with government buyers. to as little as 1.8%, depending on the calculation method and source data.
Digitalisation could reduce the administrative burden through automation, generate data insights to inform policies and boost efficiency in public spending, and serve as a living lab for GovTech experimentation. Policy irresistibility’ and hype in procurement digitalisation Public procurement is at its core an information-based exercise.
billion across various sectors, highlighting the importance of staying informed about federal contracting data to find government contracts and government contract bids. A comprehensive and up-to-date profile increases your chances of being noticed by government buyers.
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