Remove Contract Management Remove Negotiation Remove Transparency
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

Asian Paints Successfully Digitizes the Source to Contract Process in Collaboration with Ivalua & Durvah

ivalua

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. .

professionals

Sign Up for our Newsletter

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

article thumbnail

Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong.

article thumbnail

What is a Prime Contractor?

Select GCR

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. Adherence to the Federal Acquisition Regulation (FAR) and maintaining thorough documentation are non-negotiable requirements.

article thumbnail

Believe It Or Not, Procurement Impacts Every Single Person

ivalua

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Reduction of Risk: Enable better risk and compliance management by enabling proactive mitigation and real-time monitoring with vendors.

article thumbnail

Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

Streamlined Contract Authoring: By starting contracting during sourcing, customers can reduce the cycle time from quote to contract and consider negotiated terms in sourcing decisions. Now, customers can create and iterate on a draft contract during an RFX.

article thumbnail

What is the FAR: Your Guide to the Federal Acquisition Regulation

Select GCR

The FAR is meticulously structured into subchapters, parts, subparts, sections, and subsections, providing detailed guidance for government procurement, from planning through contract management to compliance and enforcement. What are some types of procurement contracts identified by the FAR?

Ethics 52