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By moving to digital contract lifecycle management and applying artificial intelligence and robotic process automation, federal agencies are indeed making their acquisitions better, faster and smarter. The post Modernizing federal contractmanagement first appeared on Federal News Network.
“A contract lifecycle management platform drives processes for you. The post The Future of Digital ContractManagement appeared first on Art of Procurement. That drives your price down, your risk down, and you get.
CACI has adopted the National ContractManagement Association’s standard for hiring, training and developing its contractmanagement professionals to ensure alignment with federal standards. Amanda Christian, senior vice president of contracts and subcontracts at CACI, commented, “Aligning NCMA […]
The Defense ContractManagement Agency, which provides contract administration services for the Department of Defense, is one such organization moving toward AI adoption. Learn more about how federal agencies
Federal Monthly Insights - ContractManagement Modernization - 9/24/2024 [link] Download audio The State Department is embarking on a transformation in how it performs acquisition. It’s moving to a category management approach, organizing procurement around the primary categories of spend.
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 BATNA.
The Army Corps of Engineers and the Army had the most appeals pending, followed by the Navy and the Defense ContractManagement Agency (“DCMA”), which handles appeals of cost disallowances and Cost Accounting Standards (“CAS”) noncompliance determinations. Separately, the Board provided a breakdown of appeal figures by agency.
Paris, France – 20 November, 2019 – Ivalua, a global leader in Cloud Spend Management solutions and its key consulting partner Kronos Group have joined forces to successfully deliver Purchase2Pay & ContractManagement at H.Essers, a major logistics service provider.
Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?
By Mick Fox, Chief Operating Officer, TechnoMile Your organization successfully wins federal business because of its unique capabilities, qualifications, and past performance. We hire individuals who are specialists at their roles and bring particular expertise to the table.
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.
We will discuss the Defense ContractManagement Agency’s (DCMA) mandate to examine contractor compliance with cybersecurity requirements as part of its Contractor Purchasing System Reviews (CPSR) and its implications for contractors in the near future.
Brett Surbey, a senior contractmanager with over 20 years of experience, has joined Empower AI as director of contracts, according to his LinkedIn announcement. Most recently, Surbey worked as vice president of contracts and compliance at VSE. He will bring to Empower […]
She will lead the company’s Department of Homeland Security portfolio and oversee strategic growth initiatives, service delivery operations, contractmanagement and business expansion efforts in her new capacity, (Nasdaq: SAIC), has joined Pyramid Systems as vice president of client account delivery.
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. A specific application for Procurement involves contract analysis.
” – Vendor Manager | ONE AMERICAN BANK Use Data and Analytics to Make Informed Decisions Modern procurement relies heavily on data. Using a cooperative purchasing program ensures compliance with state and federal laws while reducing the risks associated with supplier management. ’ and this is the way to get those.”
In the complex world of government contracting, managing risks associated with subcontractors is a critical skill that can make or break your project’s success. At Public Contracting Institute , we understand the challenges contractors face when dealing with subcontractors.
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). Source: Authors’s elaboration.
Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. Understanding Supplier Risk Management. It’s no excuse to remain passive, though.
Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Ivalua is a leading provider of cloud-based Spend Management software. Click here to download a copy of the report. About Ivalua.
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. RFx document posting Today most systems allow bid managers to post RFx documents for retrieval by suppliers. How complex is the process?
Further, the revised addendum stated that the managing venturer would provide the “Project Manager” and that the non-managing venturer would provide the “Site Manager,” but they provided no name for either role. b)(2)(ii). The initial addendum itself was not signed nor dated.
Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. About Ivalua Ivalua is a leading provider of cloud-based Spend Management software.
Kevin Brancato, senior vice president of product strategy at TechnoMile, was added to the board of advisors at the National ContractManagement Association. The company said Tuesday the government contracting veteran will provide NCMA with executive-level strategies and insights into contractmanagement issues.
The overall theme is the “Journey to Procurement Excellence”, focusing on how Procurement can deliver value through supplier collaboration, supplier risk management and more advanced strategies and capabilities to deal with Procurement and supply chain management risks and challenges – while not forgetting cost and operational perspectives.
They are responsible for managing the entire project, including hiring subcontractors, coordinating tasks, and ensuring compliance with federal regulations and contractual obligations. Additionally, prime contractors must manage all contractual obligations to ensure the project’s successful completion.
David Bassett , who has over 35 years of service in the Department of Defense and is the former director of the Defense ContractManagement Agency, has been appointed strategic adviser to the board of Latent AI.
Federal Monthly Insights — ContractManagement 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. “NIST is the precursor.
Key Takeaways Bidding on government contracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Finding Government Contract Opportunities Finding the right government contract opportunities is a crucial step in the bidding process.
In order to mitigate or minimize these types of disagreements and manage impacts, it is critical for organizations to be able to quickly identify contracts that are impacted as well as quickly identifying the contract language for force majeure in each of these contracts.
He will oversee a multidisciplinary team focused on capture management, proposal management, strategic pricing, price-to-win, government-wide acquisition contractsmanagement, competitive intelligence and business analytics. He will also lead the newly formed
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.
Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. About Körber.
billion contract modification from the U.S. The modification also covers planning and readiness reviews, contractmanagement and production engineering support services for training device production lines in support of initial aircraft sustainment efforts Lockheed Martin (NYSE: LMT) has received a potential five-year, $1.15
Utilizing resources like SAM.gov and private market intelligence tools can enhance your ability to identify and compete for government contracting opportunities. Preparing effectively by understanding compliance requirements and marketing strategies is essential for securing and managing government contracts successfully.
Herndon, Virginia-based Unissant said Wednesday Deegan will oversee the digital transformation and cybersecurity company’s financial and accounting, contractsmanagement, human resources and pricing functions.
Victor Massaro Vice President of Contracts, Versar Global Solutions Since joining Versar Global Solutions in 2023, Victor Massaro’s primary achievements centered around enhancing contractsmanagement effectiveness in support of contract delivery, ensuring compliance and digitally transforming contractsmanagement to drive efficiencies.
It also breaks down the long-standing regional contracting structure that supported the MAS program. Here are three: First, in moving away from the regional reporting structure, FAS can better support MAS contracting operations. It also will provide a more effective framework for managing workload across the MAS program.
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. Ivalua’s ContractManagement module allows you to easily track milestones and consumption in real time across multiple agreements.
The long-awaited and much-anticipated update to the basic management standards for the federal grants community is out. The Office of Management and Budget’s 2024 Revisions of the Uniform Grants Guidance aim to streamline, simplify and expand the overall reach of the $1.2 Labor is getting away from a 30-year-old custom built system.
Angel Davis, a former contractsmanager at Presidio, was named director of federal strategy and capture at the government-focused business of the information technology service management company. She has more than a decade of […]
As a husband, father, grandfather, manager, historian, and writer, Mike had a profound impact on those around him. Despite a lifetime of excellent health, stage 4 metastatic prostate cancer eventually ended his grand adventure, following a May 2019 diagnosis. After graduating, he met his wife, Catherine, and they were married in May 1978.
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