Remove Contract Management Remove Management Remove Negotiation
article thumbnail

Strategies for Designing a Contract Management Plan

The Procurement School

Author: Liz Busch Planning for a procurement should consider the entire procurement lifecycle, including contract management 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.

article thumbnail

The FAS realignment: Opportunities for “dead easy?”

Federal News Network

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.

article thumbnail

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. supplier).

article thumbnail

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. A specific application for Procurement involves contract analysis.

Data 60
article thumbnail

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

SmallGovCon

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.

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. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 105
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.