Remove Contract Administration Remove Goods & Services Remove IT
article thumbnail

7 Secrets to Quicky Become Proficient in Public Procurement

The Procurement ClassRoom

This is further developed into policies and procedures, procurement and contract administration manuals and guidelines, including standard bidding documents which are used for inviting bids and proposals. Creating, filing and maintaining procurement and contract records. Preparing a procurement plan. How is it done?

article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

13] Even under a cost-type contract, where the Government carries significant risk for cost increases, a contractor may still have to put in extra diligence to demonstrate the reasonableness of costs. [14] Labor-hour and time-and-materials (“T&M”) contractors may experience trouble if pre-determined labor rates prove too low. [13]