Remove Contract Management Remove Price Remove Project Management
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What is a Prime Contractor?

Select GCR

This article will explore what is prime contractor roles, responsibilities, and the importance of prime contractors in government projects. 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.

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

If you want a supplier to work quickly, to provide their best ideas, people or products to support your business, they won’t be responsive if for the last three years you only communicated to beat them up on price or criticise their delivery performance. That’s not something many procurement professionals traditionally consider. .

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Evolution of the Status Quo

The Procurement School

Author : Chris Sheel Delivering major capital projects on time and on budget has always been a challenging and elusive goal. This risk absorption is directly reflected in bid prices. Budgets previously developed require reactive revisitation as estimates balloon. Bidders add money to bids to avoid potential losses.

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Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

Improved Supplier Collaboration – As suppliers become increasingly important to organizational success, customers can create and project manage various types of supplier collaborations, including Innovation Plans and Corrective Action Plans. Now, customers can create and iterate on a draft contract during an RFX.

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Friday Flash 02/09/2024

The Coalition for Government Procurement

1] SBA’s rules require the protégé to control the joint venture’s day-to-day management and administration of the contract. [2] In addition, the protégé’s employee serving as the project manager was subject to the direction and control of the management committee and was required to carry out the management committee’s decisions.

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Thank You for a Successful Spring Training Conference!

The Coalition for Government Procurement

This year’s Spring Training Conference featured opportunities, including GSA Multiple Award Schedule (MAS), GSA Pricing Tools, SAM.Gov, Medical/Surgical Supply BPAs, VA Federal Supply Schedule (FSS), VA Prosthetics, and the DHS Intellectual Property (IP) Investigations Center.

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The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

Savings Leakage: This new metric tracks the gap between identified and realized savings, and results from things like poor contract management and flawed supplier onboarding. of cost savings this way, but they can reduce leakage by about 40% with better connected sourcing, contracting and procure-to-pay processes. Risk Metrics.