Remove Contract Management Remove IT Remove Price
article thumbnail

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

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Unchecked inflation can not only damage profitability and hinder growth opportunities but also impact long-term success.

Price 105
article thumbnail

DLA turns to automation for head-start on incorporating CMMC requirements in contracting

Federal News Network

Federal Monthly Insights — Contract Management Modernization — 09/10/2024 [link] Download audio Defense contractors aren’t the only ones preparing for the launch of the Cybersecurity Maturity Model Certification 2.0. In those cases, it’s incumbent upon the contracting officer to manually include the required provisions.

Contract 110
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

SBA’s proposed rules on the mentor-protégé program could hamper small business growth

Federal News Network

First, SBA is contemplating a rule that would prevent SBA-approved mentor-protégé joint ventures from bidding on multiple award contracts. SBA is also contemplating eliminating the HUBZone price evaluation preference to HUBZone joint ventures formed under the Mentor-Protégé Program.

Price 105
article thumbnail

How to Bid on Government Jobs: A Practical Guide

Select GCR

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.

Bidding 52
article thumbnail

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.

article thumbnail

Contract Management’s Impact on Procurement Efficiency

The Procurement School

Contract Management 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 contract management and its role in procurement efficiency.

article thumbnail

How Do I Get Government Contracts: A Practical Guide

Select GCR

This commitment is supported by the Small Business Administration (SBA), which plays a crucial role in ensuring that small businesses have the opportunity to participate in government contracts. An appealing SAM profile is crucial, as it acts like a rsum for businesses seeking government contracts.