This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Author: Liz Busch Planning for a procurement should consider the entire procurement lifecycle, including contractmanagement and close-out. However, it’s difficult to anticipate everything that may occur after the contract is signed – how does one plan for the unpredictable? Consider the contract end.
It claimed that the revised addendum referred to the proposal which named the individual “as the Program Manager/ContractManager and Authorized Negotiator in at least three instances,” and that the Area Office had the information needed to discern that this identified individual fulfilled the duties and tasks as a Project Manager.
Federal agencies, through their extensive procurement needs, offer a myriad of contracting opportunities for businesses. Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process.
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. Additionally, prime contractors may need to flow down specific contract clauses to their subcontractors to ensure regulatory compliance.
In the world of government contracting, understanding the basics of Requests for Proposals (RFPs) and Requests for Quotations (RFQs) is crucial. These documents play a vital role in the procurement process, helping agencies find the right contractors for their projects.
A Guide to ContractManagement Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using ContractManagement software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.
ContractManagement is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contractmanagement and its role in procurement efficiency.
Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contractmanagement solution for both authoring or contract repositor. Encoding the meaning is a requirement for document analysis, making it independent of the wording.
Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contractmanagement solution for both authoring or contract repository. One of the initial use cases the team is tackling is for contract analysis. .
This process can vary widely between jurisdictions, but typically involves the following steps: Identification of needs: Government agencies identify their needs for goods and services through a variety of channels, including strategic planning documents, public announcements, and requests for information (RFIs).
This process can vary widely between jurisdictions, but typically involves the following steps: Identification of needs: Government agencies identify their needs for goods and services through a variety of channels, including strategic planning documents, public announcements, and requests for information (RFIs).
In the beginning, our software was simply a tool to post RFP documents, later we added supplier registration, then online bidding, and finally contractmanagement to our ProcureWare platform. Are there regulatory considerations specific to processes or documentation? Analyze and document your processes.
Document everything major that you agreed upon. This provides confirmation that you are on the same page, and documents what was discussed and agreed upon. This may signal to the contractor that the contract is not that important to you, and therefore it becomes less important to them. Otherwise, hold virtual meetings.
At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contractnegotiation, transactions and so on. Some of the solution highlights for state and local solution include: Public Portal: Public catalogs, FOIA & bid protest management, optimized search.
It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Source-to-Pay is typically broken into two parts – upstream and downstream.
The FAR is meticulously structured into subchapters, parts, subparts, sections, and subsections, providing detailed guidance for government procurement, from planning through contractmanagement to compliance and enforcement. Civilian agencies are obliged to report any approved class deviation from the FAR to the FAR Secretariat.
They also come with other aids, such as bid management tools, competitor analysis, contractmanagement, or compliance tracking, which organisations can use to improve bidding strategies and increase their odds of winning contracts. Tailor each bid according to specific requirements as outlined in tender documents.
Extension of scope of the Act across the procurement and contract lifecycle to include contractmanagement. For suppliers, this will hopefully provide an increased opportunity to showcase their skills as the procedure can include a negotiation, dialogue or demonstration (for example, a site visit or presentation) stage.
If the agency does not set aside an order it should document the market research and mission considerations and provide that information to the small business specialist (SBS) and procurement center representative (PCR). GSA & VA Schedule Contracting Training for In-House Counsel, Feb. MAS Basic Training: The Nuts & Bolts, Feb.
ESPs and CSPs who do not handle CUI or SPD are not subject to assessment requirements, but their services may need to be documented in the contractor’s system security plan (SSP). GSA & VA Schedule Contracting Training for In-House Counsel, Oct. However, their services will be assessed as part of the contractor’s CMMC assessment.
It also breaks down the long-standing regional contracting structure that supported the MAS program. It also will provide a more effective framework for managing workload across the MAS program. In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts.
It also breaks down the long-standing regional contracting structure that supported the MAS program. It also will provide a more effective framework for managing workload across the MAS program. In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts.
On February 28, again at Miller & Chevalier Chartered, we will hold our GSA and VA Schedule Contracting Training for In-House Counsel course. This course is designed for lawyers and contractmanagers with significant contractmanagement and compliance responsibilities with GSA and/or VA Schedule contracts.
It also breaks down the long-standing regional contracting structure that supported the MAS program. In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. FAS and the federal government as a whole are in the midst of a management transition towards data-driven decision making.
For instance, federally recognized Indian tribes engaged with federal contracts are considered separate entities from the tribe and its political activities. Even partnerships and LLCs negotiating federal contracts are barred from making political contributions and expenditures.
ContractManagement is an essential element of the procurement lifecycle as it helps to mitigate risks, ensure compliance and achieve desired outcomes. It is a structured approach to overseeing contracts from initiation to execution and leads to either termination or renewal. A best practice is to document, document, document.
In addition to understanding the contracting process and regulations, businesses must also be aware of the various resources available to support them in federal contracting. Businesses must also utilize the various resources available to support them in federal contracting.
The cost plus fixed fee and cost plus award fee contracts are two common types, each offering distinct advantages in terms of risk management and performance incentives. Material Costs In time and materials contracts, managing material costs is vital to controlling overall project expenses.
Rather, the Office of Management and Budget is recognizing the constant state of change in how agencies acquire and use AI. Kraig Conrad, CEO of the National ContractManagement Association, said the memo stands out for its emphasis on oversight during the post-award phase of federal contracts.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content