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Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 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.
If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper. B-421917.2,
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. This is the second largest government procurement fraud recovery under the Act according to the DOJ. Department of Defense (DOD).
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 ”.
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.
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.
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.
The Federal Acquisition Regulation (“FAR”) gives contracting officers significant flexibility in selecting the procurement method they choose to use. The Corps canceled the IFB citing that all bids were at unreasonable prices and cancellation was in the public interest. In Great Lakes Dredge & Drydock Co., LLC, B-421676.4,
These documents play a vital role in the procurement process, helping agencies find the right contractors for their projects. An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor.
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.
As we prepare for our 21st episode of Season 11, here are a few Episode 21 FAR Facts for us to think about: Solicitations for construction contracts are required to contain the Government’s estimated price range for the project. Contracting officers are required to procure architect-engineer services under FAR Part 15 negotiation procedures.
These two trainings, which are offered both in-person and virtually, are designed to equip attendees with essential knowledge and tools for navigating the complexities in government procurement. October has featured a busy schedule here at the Coalition, and we are thrilled to conclude the month with these two essential training courses.
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.,
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. Multiple Award Schedule (MAS) Price Evaluation.
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.
These two trainings, which are offered both in-person and virtually, are designed to equip attendees with essential knowledge and tools for navigating the complexities in government procurement. October has featured a busy schedule here at the Coalition, and we are thrilled to conclude the month with these two essential training courses.
or virtually HERE. On February 28, again at Miller & Chevalier Chartered, we will hold our GSA and VA Schedule Contracting Training for In-House Counsel course.
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.
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. Multiple Award Schedule (MAS) Price Evaluation.
What does this mean for procurement and supplier management? If you want a supplier to work quickly, to provide their best ideas, people or products to support your business, they won’t be responsive if for the last three years you only communicated to beat them up on price or criticise their delivery performance.
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.
What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?
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?
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.
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.
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. The comprehension of textual data requires the analysis of semantic and syntactic information in a block of text.
In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions. Data context is critical to data driven decision making.
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.
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. The comprehension of textual data requires the analysis of semantic and syntactic information in a block of text.
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.
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.
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.
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.
Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%
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.
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?
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
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.
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.
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 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.
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.
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