article thumbnail

Automation Is Helping Government Cut Costs

FedTech Magazine

The key here is value-based budgeting,” says James Watczak, a finance and technology business consultant with CDW. Transparency involving costs, business impacts and…

article thumbnail

Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition. QBS : Used for more complex consultancy services where the scope of work cannot be accurately or fully defined at the outset.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Smarter collaboration: How Mexico City delivers major projects through inclusive planning

Open Contracting Partnership

Mexico City has devised an efficient, participatory, and transparent approach to seek input from potential suppliers and the public on draft contracting documents before a formal call to tender is announced. There are several benefits to this transparent discussion. It all starts with procurement.

article thumbnail

LMI Wins DLA Contract for Acquisition Modernization Tech Research Support

ExecutiveBiz

In a LinkedIn post published Thursday, the consulting firm said it will provide DLA with a platform to advance the development of a secure and transparent digital contracting framework designed to improve the government […]

article thumbnail

Wheelie good procurement: How Mexico City halved costs and improved its bike share scheme

Open Contracting Partnership

In 2019, the city team turned to open contracting to make the procurement process more inclusive, competitive and outcome-oriented, including: pre-market engagement to gather insights from vendors worldwide, a new economic model to allow the service to expand at a lower budget, community consultation to involve residents in deciding the service design (..)

article thumbnail

What Are The Cost Accounting Standards?

Capital Edge Consulting

Such a system helps contractors accurately track costs, allocate resources properly, and maintain transparency. Steps to Ensure Your Accounting System is DCAA Approved To ensure your contracting business complies with FAR guidelines, it's smart to consult with an expert tailored to your needs.

article thumbnail

U.S. Chamber Submits Comments on the FAR Council’s Proposed Rule Regarding Pay Transparency

Government Contracts Legal Forum

On January 30, 2024, the FAR Council issued a proposed rule entitled “Pay Equity and Transparency in Federal Contracting” (“Proposed Rule”). Owen, Consultant, for her contribution to this alert. Chamber Submits Comments on the FAR Council’s Proposed Rule Regarding Pay Transparency appeared first on Government Contracts Legal Forum.