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Supplier Management Explained – Definitions, Elements, and Examples

Art of Procurement

The post Supplier Management Explained – Definitions, Elements, and Examples appeared first on Art of Procurement. Supplier management refers to the administration of providers of goods and/or services to a business. While this sounds straightforward, today’s.

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Whose Site Is It Anyway: Trade Groups Challenge DOL’s Prevailing Wage Calculation and Expanded Definition of the Site of Work Under the Davis-Bacon Act

Inside Government Contracts

Among other things, the final rule alters how DOL calculates the prevailing wage rates for each locality, and expands the definition of the “site of work” and categories of workers subject to the DBA. We expand on the final rule’s changes — and on the pending legal challenges — below.

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New Year, (Potentially) New Definition for “Subcontract”

Government Contracts & Investigations

Yes, you read that correctly – there is no single definition for the terms “subcontract” or “subcontractor.” The terms “subcontract” and “subcontractor” appear rather frequently in the FAR, being defined in twenty (20) different Subparts, resulting in at least eight (8) unique definitions.

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What is Procurement Technology? The Definitions, Trends, and Tools you Should Know

Art of Procurement

The Definitions, Trends, and Tools you Should Know appeared first on Art of Procurement. If you work in procurement, it’s hard to avoid the topic of technology. Most procurement organizations have gone through decade-long. The post What is Procurement Technology?

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Artificial Intelligence 101: Definitions

GovLoop

Here are definitions of the more popular forms of AI, with a focus on the intended purpose of each: Artificial general intelligence mimics basic human cognitive abilities, making it possible for it to tackle any problem or task that a human could do even if it’s not part of its original programming. ChatGPT or DALL-E).

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SBA OIG Again Challenges SBA’s Revised Definition of a HUBZone Employee

SmallGovCon

Small Business Administration’s Office of Inspector General isn’t mincing words–OIG thinks that SBA has strayed from Congressional intent with its expansive definition of who qualifies as a HUBZone employee for purposes of satisfying the HUBZone Program’s eligibility requirements.

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Boeing Awarded $2.56B Air Force Definitized Contract for E-7A Rapid Prototype Program

GovCon Wire

The Department of Defense said Friday the award marks the definitization of a Air Force has awarded Boeing (NYSE: BA) a potential $2.56