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GSA closes in on enterprisewide software deal with Microsoft

Federal News Network

When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. The General Services Administration is about to deliver on that promise. GSAs optimism for this time is based on several factors.

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Sparton Books $107M Navy Contract Option for Sonobuoy Production

GovCon Wire

million contract modification from the U.S. The Department of Defense said the award covers the production of up to 20,000 sonobuoys to help maintain sufficient inventory to support potential major combat operations. Sparton has secured a potential two-year, $107.1

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How to Relieve Labor Shortage Challenges with Vendor Managed Inventory

American City & Country

Follow along below to see how Lawson Products , a leading distributor of fleet and facility maintenance solutions, can transform the way facilities and procurement departments procure and manage supplies through Vendor Managed Inventory (VMI) services and dedicated support. What is Lawson Vendor Managed Inventory?

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Cost Accounting Standard (CAS) 411 – Accounting for Acquisition of Material Cost

Redstone Government Consulting

If you don’t have contracts subject to full CAS, then FAR 31.205-26 Material costs requires contractors to implement GAAP when accounting for material. Material costs can either be charged direct to a contract or assigned to contracts through inventory accounts. What is the Purpose of CAS 411?

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Exploring AI's Global Impact and Its Revolutionary Role in Federal Contracting

USFCR

Retail : AI boosts customer experience with tailored recommendations and inventory management. Look at its groundbreaking advancements: Healthcare : AI brings personalized medicine, predictive diagnostics, and robotic surgeries. Finance : It assists in algorithmic trading, fraud detection, and personalized banking.

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Ultra Maritime Secures Navy Contract for Sonobuoy Production

ExecutiveBiz

Navy contract worth $49 million for the low-rate initial production of AN/SSQ-62G Sonobuoys. The firm-fixed-price contract will support the Navy’s annual training, peacetime operations, testing expenditures and inventory maintenance for major combat operations, ultra Maritime said Monday.

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Key Steps Contractors Should Consider When Facing a Government Shutdown

Inside Government Contracts

Each agency and contract can offer unique challenges, but we offer a few key considerations below to guide contractors in assessing their approaches to potential shutdowns: Assess Impacted Contracts – As a first step, contractors should take inventory of their government contracts to assess how a shutdown could impact performance.