Remove Contract Management Remove Data Remove Negotiation
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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts. ” – Vendor Manager | ONE AMERICAN BANK Use Data and Analytics to Make Informed Decisions Modern procurement relies heavily on data.

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GSA’s FAS streamlining federal procurement by updating GSA Advantage, improving UX, reducing PALT

Federal News Network

And really this is all the catalog data that feeds into GSA Advantage, which is really our online shopping site,” Lee said on Federal Monthly Insights — Contract Management Modernization. We generally negotiated those pricing and terms and conditions with our contracting officers.

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Contract Data Management With AI

ivalua

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. The data in this case is text from natural language , which is rarely structured data.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques.

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Another One Bites the Dust: Incomplete Joint Venture Agreement Fails Once Again

SmallGovCon

And the decision in Colt-Sunbelt Rentals JV, LLC is yet another data point highlighting that SBA requires strict adherence to the joint venture agreement requirements in 13 C.F.R. Once again, an initial awardee has had its award revoked because of a noncompliant joint venture agreement addendum. We see it happen regularly at SmallGovCon.

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What is Contract Lifecycle Management (CLM)?

ivalua

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.

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What is a Prime Contractor?

Select GCR

Key Takeaways Prime contractors, central to federal contracts, manage and ensure compliance with government projects, hiring subcontractors and overseeing all aspects from start to finish. Adherence to the Federal Acquisition Regulation (FAR) and maintaining thorough documentation are non-negotiable requirements.