Remove Contract Remove Contract Management Remove Data
article thumbnail

ASBCA Issues Annual Report, Providing Data on How Often Contractors Prevail

Inside Government Contracts

The Armed Services Board of Contract Appeals has issued its annual report for FY 2023, shedding light on how often contractor appeals reach a successful result, and what agencies are most frequently involved in contract litigation. The Board addressed 78 cases through the ADR process, resolving 67.

Data 287
article thumbnail

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

professionals

Sign Up for our Newsletter

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

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. The data in this case is text from natural language , which is rarely structured data.

Data 60
article thumbnail

How Do I Get Government Contracts: A Practical Guide

Select GCR

How do I get government contracts? Key Takeaways Government contracts offer significant growth opportunities for small businesses, with federal agencies allocating at least 23% of contracting dollars to small businesses annually. Annually, at least 23% of contracting dollars are specifically allocated to small businesses.

article thumbnail

DLA turns to automation for head-start on incorporating CMMC requirements in contracting

Federal News Network

Federal Monthly Insights — Contract Management Modernization — 09/10/2024 [link] Download audio Defense contractors aren’t the only ones preparing for the launch of the Cybersecurity Maturity Model Certification 2.0. We’re also leveraging new technology to improve contracting efficiency.”

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. For instance, instead of conducting lengthy RFP processes, your team can access ready-made contracts with industry leading suppliers.

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).