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This article presents a structured exploration into how COVID-19 has reshaped government contracting, interlaced with invaluable educational resources offered by PCI. Interactive and Customized Training Options Benefit from e-learning modules, in-house training sessions, and interactive workshops tailored to your organization’s needs.
Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. The following blog will provide a more detailed exploration of creating sustainable procurement strategy, their benefits and challenges during implementation.
Contract Lifecycle management is an area we have seen huge demand in over the last year or two. A specific application for Procurement involves contract analysis. Christopher Bourez, Artificial Intelligence Architect at Ivalua. Many of our customers leverage our contract management solution for both authoring or contract repositor.
Contract Lifecycle management is an area we have seen huge demand in over the last year or two. A specific application for Procurement involves contract analysis. Christopher Bourez, Artificial Intelligence Architect at Ivalua. Many of our customers leverage our contract management solution for both authoring or contract repository.
Check our Join Our E-mail List page for detailed guidance on the certification process. Continued government backing through programs like VETS 2 places veteran-owned enterprises at the forefront of federal procurement. Provide proof of majority ownership and control of the business by veterans.
While some still argue the point and there is some commentary in the S2C Wave about niche solutions being pulled in when non-procurement stakeholders are involved, the overall message is clear – suites have prevailed. Procurement leaders today see the value of suites and the market has responded. The Winner Takes it All.
The EIP Awards recognize individuals and organizations in the Federal procurement community who make significant contributions to the acquisition system. Sustainable Excellence Award – Presented to a government agency or contractor that has made outstanding contributions that meet the Federal Government’s sustainability goals.
While some still argue the point and there is some commentary in the S2C Wave about niche solutions being pulled in when non-procurement stakeholders are involved, the overall message is clear – suites have prevailed. Procurement leaders today see the value of suites and the market has responded. Lesson 2: The Winner Takes it All.
The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders. Balance Procurement Objectives.
As FAS Commissioner Sonny Hashmi stated in a recent post, “Our regional based employees aren’t going away, but this shift in our structure will meet the growing demand from our customers that FAS respond holistically when it comes to contracting assistance.” DoD estimates that hundreds of defense companies undergo M&A every year.
initiated arbitration proceedings against the Republic of South Sudan on 26 July 2018, demanding payments of USD 3 billion. With a partial award of 10 November 2022, the sole arbitrator declared that it had jurisdiction, following which the Republic of South Sudan appealed to the SFSC, demanding that the partial award be set aside.
Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement. These profiles are used by procurement officers to identify potential contractors for upcoming opportunities.
8] That is, lending out money for a longer time period increases the return—because more can be done with the money, and an investor demands a better yield for the prolonged risk and opportunity cost of the longer commitment. [9] 12] Conversely, because demand is dropping on the shorter term T-bills, the U.S. treasuries. [13]
The conference, which continues the dialogue from last year on “What is Fair and Reasonable,” will dive into the latest government policies, programs, and procurement topics with sessions including key government officials, industry experts, and legal minds. We look forward to seeing you at the Conference on May 8-9!
1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7 19] , [20] Where present, a FAR EPA clause permits contract inflation/deflation adjustments based upon one of three benchmarks: (1) a change to the contractor’s established pricing (e.g.,
” The White House also released an accompanying Fact Sheet that announces a “new goal to phase out Federal procurement of single-use plastics from food service operations, events, and packaging by 2027, and from all Federal operations by 2035.” Coffey , and Michael E. Authored by Evan C.
The conference begins with remarks from Christine Harada , Senior Advisor in OMB’s Office of Federal Procurement Policy (OFPP), on the governmentwide Better Contracting Initiative , a four-pronged initiative to ensure that the Federal Government receives optimal terms and prices when purchasing goods and services.
The Coalition for Government Procurement Endowed Scholarship Fund Proceeds will also support The Coalition for Government Procurement Endowed Scholarship Fund for a deserving veteran studying U.S. government procurement at The George Washington University Law School. Numerous procurement policies have come subsequently.
Supply chain- and stockpile-related measures in the NDAA could present significant opportunities for contractors poised to support the U.S. and DoD sourcing and manufacturing, but Congress’s focus on increasing supply chain visibility could also herald new rounds of compliance and reporting requirements attached to federal procurements.
This procurement will mark a key milestone as we continue to incentivize more production and delivery of clean energy,” said GSA Administrator Robin Carnahan, who also emphasized the role of the government’s buying power in supporting demand for carbon-free electricity. To view the slides from the presentation, click here.
Effective communication between government officials and industry partners is of paramount importance in fostering a thriving procurement landscape. As a result of its widespread appeal, we have expanded this feature of the conference to include additional program offices, with a total of six tables present at the conference.
OMB Aims to Increase Small Disadvantaged Business Spending in FY24 On October 25, the Office of Management and Budget (OMB) released a memo informing agencies of Federal goals to award 13 percent of Federal procurement dollars to small disadvantaged businesses (SDBs) in fiscal year (FY) 2024. in the Federal marketplace.
Specifically, the GovCon Order applies for contractors/subcontractors of “[e]xecutive departments and agencies, including independent establishments subject to the Federal Property and Administrative Services Act, 40 U.S.C. Postal Service or the Postal Regulatory Commission. [12] Emphasis on the word some. 102(4)(B). . 6701 et seq.; (iii)
CPI may be more useful for some commercial products and services, because pricing for those contracts is more closely connected to consumer supply and demand. 16] In view of the foregoing, BLS’ March 15, 2023 PPI summary stated that, “[o]n an unadjusted basis, the final demand index rose 4.6 11] PPI does not include this factor. [12]
This week, the Coalition, along with other industry associations, met with OMB and the Office of Federal Procurement Policy (OFPP) to discuss a number of important topics, including the BCI. In addition, increased efficiencies in operations led to faster award cycles, as demonstrated by a Procurement Administrative Lead Time of under 50 days.
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