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The nexus between data management tools, transparency and procurement policy

Federal News Network

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Coalition members generally support the use of these new data management technologies.

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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency).

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The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Coalition members generally support the use of these new data management technologies.

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What is Fair and Reasonable Transparency? 

The CGP

Keeping with the title and theme of the Coalition’s Fall Training Conference, “ What is Fair and Reasonable,” this week’s blog addresses what is fair and reasonable transparency. Transparency is the key to effective communication between and among stakeholders in the procurement process. Transparency is in the government’s interests.

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Trust, Transparency, and Transformation

Extract Systems

According to the survey, a significant 69 percent of state IT leaders find themselves in the nascent stages of data governance, raising concerns about the reliability and efficacy of data management practices across state agencies. Transparency, the first pillar of TEA, involves making AI usage and functionality clear and comprehensible.

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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment.

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Demystifying AI: How RAG boosts efficiency in state and local government departments

AWS Public Sector

Enter Retrieval-Augmented Generation (RAG) and large language models (LLMs)—the dynamic duo powering the next wave of efficient state and local government services. Previously, this process took weeks, but with RAG, it now takes less than 15 minutes per inquiry, significantly improving efficiency and customer satisfaction.