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We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits. 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]
At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.
Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. Individuals can disclose information relevant to potential FCPA violations to the SEC. Department of Defense (DOD).
Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.
No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. He spotlights some best practices and procedures for tech procurement in local government: • Conduct a thorough needs assessment across departments. Prioritize stakeholder engagement, including community input.
Howeversignificant activity is expected after the election, including negotiations on annual spending bills and the National Defense Authorization Act (NDAA). The FIT Procurement Act would increase the simplified acquisition threshold from $200,000 to $500,000 and raise the micro-purchase threshold from $10,000 to $25,000.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
Well, consider the number of federal statutes that govern federal procurements, contracts, and interactions with the federal government: The Competition in Contracting Act (CICA) , the Small Business Act , and the Federal Acquisition Streamlining Act of 1994 , for starters. You might ask.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
Contractors that have a procurement relationship with a recipient are not required to obtain a UEI. Addition of Cybersecurity Internal Controls 2 CFR 200.303 adds “reasonable” cybersecurity internal control requirements to the information protection internal control requirements at 2 CFR 200.303(e). 7101 et seq.,
This is especially true in the SLED (state, local, and education) market, where procurement processes and regulations can vary widely between jurisdictions. Understand the Process The first step to successfully selling to the government in the SLED market is to understand the procurement process.
This is especially true in the SLED (state, local, and education) market, where procurement processes and regulations can vary widely between jurisdictions. Understand the Process The first step to successfully selling to the government in the SLED market is to understand the procurement process.
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.
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. Increasingly, AI is making its way into procurement operations. Artificial Intelligence (AI). Small business opportunities.
The comprehension of textual data requires the analysis of semantic and syntactic information in a block of text. A specific application for Procurement involves contract analysis. This provided the necessary focus on relevant information.
The comprehension of textual data requires the analysis of semantic and syntactic information in a block of text. A specific application for Procurement involves contract analysis. This provided the necessary focus on relevant information.
A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. Execution of the contract via e-signature makes for a smooth end to the process. But there’s more.
‘Blockchain’ has become shorthand to refer to technology usually identified with the properties of a decentralised, trustless and immutable (or at least, tamper-proof) mechanism for information verification and recording that can enable self-executing digital transactions between anonymous parties (‘smart contracts’).
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.
Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. Increasingly, AI is making its way into procurement operations. Artificial Intelligence (AI). Small business opportunities.
What does this mean for procurement and supplier management? Now there is a time and a place for price negotiation of course, but if you are an organisation where speed, innovation and agility is really important, key suppliers who play essential roles need to be handled differently. .
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. To thrive in federal contracting, having an active registration on SAM is non-negotiable.
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?
Legal Corner: Bills in US Congress Would Require Federal Agencies and Vendors to Implement NIST AI Framework The Legal Corner provides the procurement community with an opportunity to share insights and comments on relevant legal issues of the day. Authored by Howard W. Waltzman, Stephen Lilley, Evan C.
29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! GSA & VA Schedule Contracting Training for In-House Counsel, Oct.
The governmentwide day on November 20 will feature expert panels addressing “what’s next” after the election for the future of federal procurement. Join us as we dive into what lies ahead for federal procurement in 2025 and beyond! Market and Procurement Outlook Panel: What’s Next?
The user experience issue emerged in the seventies with the spread of information technology to the masses. Intuitive” is a notion that comes from our experience with B2C applications, whether on e-commerce sites or using mobile applications that supply content. History of the user experience: ( read this article in French ).
The agreements were not drafted, negotiated, or signed by the father or his sons. requested that the Palestinian Authority be ordered to procure licenses for the operation of the casino and hotel. The parties appealed to CAS, which ruled that the Ecuadorian Football Association (E.) in the West Bank. In the first arbitration, B.
If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards. Procurement must be able to apply the general principals of Strategic Sourcing in a way specific enough to maximize the value of each spend category.
More information on economic price adjustments is available in my October 10, 2022 note, An In-Depth Examination of Inflation Relief for a Government Contractor. [83] The Federal Government’s procurement spend in FY2023 was $765 billion ($470 billion for defense agencies), [106] and most of the procurement spend was discretionary spending.
Celebrating a Dedicated Procurement Leader: Wishing Tom Sisti a Happy Retirement! It is with mixed emotions that The Coalition for Government Procurement announces the retirement of Executive Vice President & General Counsel, Tom Sisti. Furthermore, he worked as Procurement Counsel detailed to the U.S.
34] And DFARS 252.216-7000(e) gives the Contracting Officer the option of terminating the cost-increase-impacted portion of the contract/order. [35] However, “[CICA sets forth no standard for determining when modification of an existing contract requires a new competition or falls within the scope of the original competitive procurement.” [57]
Announcing the Coalition’s Cyber Side Chat, September 12 The Coalition for Government Procurement is proud to present its first-ever Cybersecurity Symposium: The Cyber Side Chat on September 12! Gain valuable insights from leading government and industry cybersecurity and procurement professionals. To register, click here.
128.401(e)) Programs. e) provide the following: For a single award small business contract or any unrestricted contract, a concern that recertified as other than small or other than the required small business program status: Remains eligible to receive options and May receive orders or agreements issued. 121.104), HUBZone (13 C.F.R.
13] However, to be clear, the predicate for this being the case is that the procurement must rely upon the debriefing provisions of FAR Subpart 15.5—such 15] Not For All Procurements Just as important as knowing how to get a required debriefing is discerning what is not a required debriefing. 2305(b)(6)(A) and 41 U.S.C.
The Q&A can be accessed by logging into the portal located on NASA’s SEWP VI informational page. The comments herein do not necessarily reflect the views of The Coalition for Government Procurement. Coffey , and Michael E. NASA encourages interested parties to visit the Q&A that was previously published on the draft RFP.
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. To view the comments, click here.
Huge Gap on Spending Bill Policy Riders as Time Dwindles With less than a month until appropriations start expiring under the current continuing resolution, appropriations subcommittees have not begun negotiations over controversial policy riders on full-year appropriations bills, Roll Call reported on Thursday.
In its place, the realignment focuses and centralizes MAS contracting management structure for the Office of Information Technology Category, the Office of Professional Services & Human Capital Categories, and the Office of General Supplies and Services Categories. PAP 2021-05, Evaluation of FSS Program Pricing, is one such example.
While DoD previously focused on grants and procurement commitments, the office is now looking at loans and loan guarantees to move forward with defense industrial base initiatives. or virtually HERE. Access the recording here. For any assistance, please contact Michael Hanafin at mhanafin@thecgp.org.
Effective communication between government officials and industry partners is of paramount importance in fostering a thriving procurement landscape. To gather feedback from the vendor community, GSA has released a Request for Information (RFI) that is open through November 10.
The joint request for information , which is accepting responses through March 18, is targeted at contractors throughout the mid-Atlantic and Midwest where PJM Interconnection is the regional transmission operator. percent), COVID-19-related information technology efforts (9.9 VHA used 73.8 percent), high-cost medical equipment (0.5
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