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Revisiting Contract Administration Responsibility

The Procurement ClassRoom

Introduction The procurement legal frameworks, guidelines, and manuals in many countries, especially in developing nations, often lack comprehensive policies and procedures for contract administration. Addressing Neglected Areas The monitoring of contracts for goods and services has been neglected, necessitating practical solutions.

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Job Opening: Purchasing Manager

Mike Purdy's Public Contracting

City of Bellingham Position: Purchasing Manager Location: Bellingham, Washington Closing Date: Friday, August 11, 2017 at 4:30 pm Pacific Time Interview Schedule: The most qualified candidates will be asked to participate in a panel interview on August 31, 2017. Directs work of purchasing staff in carrying out and executing contracts.

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Strategies for Dealing with a Government Shutdown

SmallGovCon

For example, according to a report published by the White House Office of Management and Budget (OMB), the 2013 shutdown was estimated to reduce Gross Domestic Product growth by between $2 and $6 billion. ” In addition, the Antideficiency Act also might restrict an agencys ability to obligate new funds under existing contracts.

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DCMA Director David Bassett on AI Possibilities Within Contract Management

GovCon Wire

The Defense Contract Management 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

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Contract Administration Basics

The Procurement ClassRoom

A contract is a written agreement, enforceable by law, between a procuring entity and a supplier , contractor or service provider for the provision of goods , works or services. Preparation for contract administration begins with planning , which should begin during the bidding and selection process. Where does it start?

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Understanding Firm Fixed Price Contracts: Benefits and Risks for Government Suppliers

Public Contracting Institute

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.

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ProcureWare Product Tip – Managing Supplier Insurance and Certifications

Procureware

Hiring a specialized service provider is typically less expensive than managing the activities internally and it reduces risks and liabilities. While all companies verify insurance and licensing before issuing the contract, the insurance will invariably expire during the life of the contract.