Open Contracting Partnership

MARCH 28, 2024

Case studies: In Colombia , rather than the government trying to document and standardize all possible technologies, the framework agreements created for the IT sector link directly to the providers’ public web pages, which list all of their services and prices.

Procurement 137

Procurement Framework Agreement IT Public Private Partnership 137

Federal News Network

AUGUST 1, 2024

In general, M&A is a big consideration on the buyer side and the seller side. I often hear from small contractors that they weren’t considering a sale until a buyer approached them. For the buyer, there should be a strong business case for acquiring the contractor. subsidiary), then buyers may avoid novation.

Buyers 59

Buyers Purchasing Government Contracts Contract 59

NASPO

JULY 31, 2023

When states open their commodity purchases to local government buyers, they spread the benefits of the volume pricing, experienced procurement teams and the streamlined contracting process so communities can get the products and services they need faster and at a better price. READ MORE

Government 52

Government Government Buyers Procurement Team 52

SmallGovCon

APRIL 26, 2024

In federal government contracting news this week, be sure to check out the stories about the new sustainability rules (and our recent blog ), as well as new legislation on solicitation language and buying technology.

Sustainability 90

Sustainability Buyers Government Contracts Price 90

The Procurement School

NOVEMBER 18, 2022

Characterized as one of a few players in a market which control pricing or supply such as foods, communications, airlines, or office supplies. You may not be able to do much on the pricing but there are many more issues which can be quantifiable and an advantage to you. Where can you find leverage?

Negotiation 52

Negotiation Buyers Price Procurement 52

Federal News Network

NOVEMBER 3, 2023

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

Price 64

Price Evaluation Negotiation Purchasing 64

ivalua

MARCH 18, 2021

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

Strategic Sourcing 98

Strategic Sourcing E-auction Automotive Total Cost of Ownership 98

Kluwer Arbitration

MARCH 1, 2024

In one case , the sole arbitrator ruled that, under the CISG and the UNIDROIT Principles, a buyer could not offset damages for late delivery against the purchase price.

Buyers 52

Buyers Corruption Price Purchasing 52

Open Contracting Partnership

SEPTEMBER 3, 2024

Since launching their platform in 2020, Diegues and Blanco have built a set of digital tools and data analytics services that have bridged the gap between more than 250 private sector users and public procurement buyers in six countries across Latin America. As simple as it may seem, a price monitor is one of the most complex tools to make.

Data 56

Data Public Procurement Tender Price 56

Open Contracting Partnership

SEPTEMBER 9, 2024

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.

Procurement 73

Procurement Transparency Corruption Buyers 73

Kluwer Arbitration

FEBRUARY 3, 2024

Two weeks later, the Buyer and Grain Power LLC (Guarantor) – another Ukrainian agricultural company – entered into an additional agreement to the Contract under the terms as per which the Guarantor assumed all obligations of the Buyer arising from the Contract (Additional Agreement).

Buyers 98

Buyers Contract Price Purchasing 98

Tracker Intelligence

AUGUST 4, 2024

Additionally, you can address specific needs by directly responding to any pain points the buyer has highlighted. Demonstrate Value Next, make sure to clearly articulate a potential solution that will benefit that buyer. Not Asking For Feedback Be proactive with asking for feedback from private sector buyers.

Tender 52

Tender Contract Buyers Supply Chain 52

Public Contracting Institute

NOVEMBER 24, 2023

A legislative proposal to change how GSA Schedule contracts meet the terms of the Competition in Contracting Act (CICA) and a proposed rule to modify the Schedules Economic Price Adjustment Clause are among the larger changes GSA announced for the Multiple Award Schedules program at last week’s Coalition for Government Procurement Fall Conference.

Contract 52

Contract Price Buyers Government Contracts 52

Federal News Network

FEBRUARY 9, 2024

Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. Forty years later, the MAS program is no longer a mandatory source.

Price 52

Price Quantity Quality Import 52

ivalua

JULY 13, 2022

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. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

The Coalition for Government Procurement

NOVEMBER 3, 2023

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

Price 49

Price Evaluation Negotiation Purchasing 49

How to Crack a Nut

APRIL 4, 2023

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.

Procurement 52

Procurement Buyers IT Public Procurement 52

The Coalition for Government Procurement

FEBRUARY 9, 2024

Back then, when the MAS was a mandatory source and was limited to products, like office supplies, many in government interpreted the “lowest cost alternative” to default to lowest price, as price was the most discriminating factor. Forty years later, the MAS program is no longer a mandatory source.

Price 45

Price Quantity Quality Import 45

Select GCR

MAY 7, 2024

Securing a contract involves preparing a competitive proposal that meets the solicitation document’s requirements, developing effective pricing strategies that balance competitiveness with profitability, and potentially navigating subcontracting and partnerships.

Government Contracts 98

Government Contracts Government Government Contract 98

Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

APRIL 20, 2021

Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. The reality is, to turn inventory, make the sale, and then collect funds takes most buyers over 30 days. Is it worth it?

Efficiency 52

Efficiency Buyers Supply Chain Supplier 52

Federal News Network

JANUARY 30, 2024

I think that the nature of service buyers, typically, they’re going to be over the simplified acquisition threshold, for all but the most modest types of programs. The idea being that they would actually use that information to look at driving lower day to day pricing on the schedules program. And we’re kind of here.

Price 59

Price Thresholds Buyers Data 59

Kluwer Arbitration

MARCH 31, 2024

Background On January 21, 2020, a company that produces and markets “chicken legs” (the “Seller”) signed an international contract for the sale and supply of the said product (the “Contract”), with another foreign company ( the “Buyer”) for its distribution in Brazil. The tribunal issued a default award.

Buyers 52

Buyers Balance Price Contract 52

Scottish Government Procurement

AUGUST 31, 2023

This one-day event, which runs alongside Procurex Scotland, attracts over 500 cross sectoral buyers, heads of department and contract managers responsible for managing the national public procurement expenditure of £14.5+ We are delighted to bring you details of the Scottish Government 18 th National Procurement Conference. billion a year.

Procurement 52

Procurement Government Government Public Procurement 52

ivalua

JUNE 27, 2022

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?

Supply Chain 52

Supply Chain Buyers IT Supplier 52

The Procurement School

DECEMBER 19, 2022

Allows government buyer to consider vendor feedback and make changes before issuing the solicitation. Solicitation Processes Once a government buyer has issued a solicitation, they must balance meeting the government’s needs with maintaining the interest of quality vendors. Rewrite the specifications / requirements in plain English.

Supply Chain 52

Supply Chain Buyers Budget Quality 52

ivalua

MARCH 18, 2021

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

Strategic Sourcing 52

Strategic Sourcing E-auction Automotive E-procurement 52

The Procurement School

NOVEMBER 16, 2023

For example, a Buyer was tasked with ordering scientific equipment and lab supplies for a university in Africa. The Buyer received a frantic call from their onsite contact that they needed an additional $2000 CDN for the truck driver to unload the crate from the plane. They discuss the price the employee pays for their due diligence.

Ethics 98

Ethics Import Procurement Public Procurement 98

Federal News Network

JULY 8, 2024

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. Say I’m a CO, I want to know what’s the best pricing or what are the pricing trends for product XYZ? Tom Temin Wow.

Contract 98

Contract Data Price Procurement 98

Select GCR

SEPTEMBER 10, 2024

Not only does it serve as a gateway to numerous business opportunities, but it also acts as a marketing tool for showcasing your capabilities to potential government buyers. A well-maintained SAM profile acts like a resume for your business, showcasing your capabilities to potential government buyers.

Government Contracts 52

Government Contracts Government Government Contract 52

ivalua

APRIL 12, 2019

Product information, pricing and availability is real-time as suppliers are engaged in the process by linking their sites to Ivalua. Manutan collaborated closely with Ivalua in piloting this capability, which is now broadly available to Ivalua’s customers, to ensure it benefited buyers and suppliers.

Eprocurement 40

Eprocurement Supplier Buyers Price 40

American City & Country

AUGUST 27, 2024

City and county governments are often key buyers of landscape equipment and supplies, says Keith McGinty , director of bids and government accounts at SiteOne Landscape Supply , a firm that sells soil maintenance products, irrigation, lighting, nursery products, tools, equipment, safety items and hardscapes in addition to landscape supplies.

Government 63

Government Government Bidding Purchasing 63

Procureware

JANUARY 22, 2018

Creating online forms is a new step that can be time consuming, so buyers would prefer to avoid it. In other words, how will the information be used in the evaluation process and in later steps such as long-term pricing analysis. I advise buyers to put information in a form if they want to use a side-by-side comparison.

Bidding 40

Bidding Buyers Evaluation Price 40

Federal News Network

FEBRUARY 16, 2024

You can't be asking for the American taxpayer to make even greater public investments while you continue, in some cases, to goose your stock prices through stock buybacks, deferring promised capital investments," Del Toro said. Del Toro said it is time for contractors to spend more money on the future. Nancy Mace (R-S.C.)

Purchasing 106

Purchasing Networking Electronics Collaboration 106

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. As a buyer, you strengthen your bargaining position when you give all the awardees on the contract a fair chance to compete. There are two good reasons for an agency to exercise fair opportunity.

E-procurement 52

E-procurement Purchasing Buyers Electronics 52

ivalua

MARCH 27, 2023

As supply chains flip from a buyer to seller driven market, maximising the benefits of CTCs will remove the gaps from the process. Instant invoice approval, no supplier inquiries, and no exceptions. The AP team moves from invoicing to supplier expectation management, becoming an embedded Finance team.

E-procurement 52

E-procurement Procurement Strategies Supplier Finance 52

Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

Price 52

Price Government Contracts Government Government 52