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The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.
Cross-departmental collaboration and scalable solutions are important to maximizing ROI and adapting to changing citizen demands within budget constraints.” No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Prioritize stakeholder engagement, including community input.
Thus is the always entertaining world of federal procurement — on step forward, one step back. Saroli said that ePS-NDVSB already provides its e-procurement platform to the Army, Air Force and two Navy commands and they meet and exceed the solicitation requirements. It’s clear that they misevaluated our bid.
By: Lawson Products In today’s fast-paced world, efficient procurement is crucial for any entity. As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. What is Lawson Vendor Managed Inventory? Did you know Lawson products are now available on OPUS?
The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions. About Ivalua. Learn more at www.ivalua.com.
As a procurement manager, you know how important suppliers are to your organization. Long before you make a purchase decision, you must create the right structure for vendor relationships with your procurement organization. Some giant procure-to-pay (P2P) solutions also have vendor networks financed by supplier fees.
It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.
The EIP Awards recognize individuals and organizations in the Federal procurement community who make significant contributions to the acquisition system. Prepare for 2025: Post-Election Federal Procurement Insights at the Fall Training Conference The 2024 Fall Training Conference – The 2025 Federal Market: What’s Next?
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. Similar clauses appear close in the visualization, for example, those with pricing/licencing information would be grouped.
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. Similar clauses appear close in the visualization, for example, those with pricing/licencing information would be grouped.
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.” PAP 2021-05, Evaluation of FSS Program Pricing, is one such example.
There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders. Balance Procurement Objectives. Before diving into specifics, I feel it is important to note how the crisis has emphasized the importance of Procurement / Supply Chain leaders having a balanced set of objectives.
Enhancing the transparency of government in general and of public procurement processes in particular has been increasingly on the agenda of governments, civil societies and businesses as evidenced by initiatives such as the Open Government Partnership which has seen 70 OGP members making 189 open contracting commitments by March 2019 [1].
Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
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]
Jay Blindauer Whether a procurement, grant, or cooperative agreement, [1] if the at-issue arrangement qualifies as a contract, the Government cannot simply cease performing contract payments. Procurement Remedies Starting with a procurement contract, there are multiple recourses to Government non-payment.
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 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
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!
” 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 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.
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.
Jay Blindauer Bid protests are crucial to the proper functioning of the procurement system. And the CO has a Supervisory CO, Chief of the Contracting Office (“CoCO”), or Head of Contracting Activity (“HCA”) who needs the CO to finish the award so the CO can move on to the next procurement. Break out the champagne.
As luck would have it, we got the E-76, or basically the notice to proceed and the federal funds for both projects within a few months of each other, so they weren’t actually in construction simultaneously.” The project was completed in June 2023 with a price tag of $47 million utilizing local and federal funding. did the work.
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”) Consumer Price Index for All Urban Consumers (“CPI-U”). 3] Because economists often consider food and energy prices to be too volatile, they may pull those items out to see what is called “core inflation.” [4] Here, I provide some of the latest information and updates.
FAR & Beyond: Thoughts on “What is Fair and Reasonable? Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ).
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. Under certain circumstances contracting officers may require continued performance fixed-price contracts if the contractor already has been paid or funds already have been obligated.
Public procurement plays a significant role in economic and social growth by assuring that governments deliver vital services and infrastructure to their societies. This article will focus on tackling challenges in the public procurement process and suggests practical solutions for these challenges.
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)
The BCI includes four priorities to make certain that the Federal Government receives “better terms and prices when purchasing goods and services.” The BCI is part of an effort that began in the Obama-Biden Administration to address agencies paying inconsistent and often higher prices when compared to the commercial market.
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