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The nexus between data management tools, transparency and procurement policy

Federal News Network

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Coalition members generally support the use of these new data management technologies.

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The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Coalition members generally support the use of these new data management technologies.

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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4] 5] Based on inter-agency agreements, this program includes contracts awarded by certain non-DoD agencies as well as DoD contracts. [6]

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 Join our 2024 MAS Basic Training and GSA and VA Schedule Contract Training for In-House Counsel Courses!

The Coalition for Government Procurement

Topics covered during the training will include: The GSA Schedules Program: An Entry Point to Government Contracting Obtaining Your GSA Schedule or Schedule Modification, along with Option Extensions Navigating the Price Negotiation Process Better Understanding of Management and Compliance of the Price Reduction Clause Schedule e-Tools: Tips on Competing (..)

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Looking Ahead at the First or Fourth Quarter, Depending on your Perspective!

The Coalition for Government Procurement

Topics covered during the 2024 training will include Transactional Data Reporting, Commercial Sales Practices, domestic preferences, supply chain security, bid protests, sustainability, and ethics. The In-House Counsel class is a “must attend” for lawyers and corporate officials in companies that have GSA and VA Schedule contracts.

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Friday Flash 02/09/2024

The Coalition for Government Procurement

This language would require suppliers to adhere to specified actions that are “consistent with the Framework” (although the bills do not specify what these actions will be) and provide “appropriate access to data, models, and parameters…to enable sufficient test and evaluation, verification, and validation.”

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Friday Flash 06/07/2024

The Coalition for Government Procurement

The report provides insights into the Federal market, including sales data on the GSA and VA Schedules, government-wide contract vehicles, Federal healthcare contracts, and more. If you have any questions or topics for future reports, please contact Michael Hanafin at mhanafin@thecgp.org.