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?

article thumbnail

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. Group purchasing allows you to leverage the buying power of thousands of members, significantly reducing costs and saving time in the procurement process.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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

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.

article thumbnail

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

SmallGovCon

It claimed that the revised addendum referred to the proposal which named the individual “as the Program Manager/Contract Manager 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.

article thumbnail

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. You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place.

Price 105
article thumbnail

6 Key Elements of Successful RFPs and RFQs

Public Contracting Institute

Common Evaluation Criteria for RFPs and RFQs Technical Capability Past Performance Price Management Approach Small Business Participation To improve your skills in evaluating proposals and conducting negotiations, consider our Negotiations training category.