Remove Buyers Remove Definition Remove Purchasing
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Procuring AI is a risky activity. We need more regulation to make it work in the public interest

Open Contracting Partnership

As the introduction to this series stresses , there are “already identified lessons and best practices in purchasing IT & software and many of the best practices apply” to AI procurement too. In my view , it is not reasonable or realistic to expect public buyers to develop these tools by themselves. So maybe this is nothing new.

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White House issues guidance for purchasing AI tools to US agencies

FedScoop

The AI used by federal agencies will likely either be built by a contractor on behalf of an agency or purchased by a federal agency for use,” Jason Miller, deputy director for OMB and COO of the federal government, said during a press call. government is the largest single buyer in the country with an annual spend of over $750 billion.

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Thoughts on what is fair and reasonable?

Federal News Network

Specifically, the PAP states that “[t]he term “fair and reasonable” is generally considered to mean a price that is fair to both parties in a transaction , not higher than what the competitive market would bear or a price that a prudent and competent buyer would pay for a product or service under competitive market conditions.”

Price 90
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Procuring AI without understanding it. Way to go?

How to Crack a Nut

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.

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Bidding The Right Way

Tendersinfo

As government bids follow a definite procurement process it is important for Bid Managers to meet all the deadlines and eligibility criteria of Government Procurement. Identify the Pain Areas of the Buyer It is of utmost importance to comprehend the requirements and recognize the torment spaces of the buyer.

Bidding 52
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Thoughts on “What is Fair and Reasonable?    

The Coalition for Government Procurement

Specifically, the PAP states that “[t]he term “fair and reasonable” is generally considered to mean a price that is fair to both parties in a transaction , not higher than what the competitive market would bear or a price that a prudent and competent buyer would pay for a product or service under competitive market conditions.” See Section 2.

Price 49
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Procurement tools for AI regulation by contract. Not the sharpest in the shed

How to Crack a Nut

However, to assess the (abstract) potential of procurement as a regulatory tool, it is worth distinguishing between practical and legal challenges, and to focus on legal challenges that would be present at all levels of public buyer capability. They are thus unlikely to operate as an adequate tool to support regulation by contract.