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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

Many organizations have written policies and guidelines on Ethics, but is this situation an Ethical or Moral issue? In conducting research for this article, I found many definitions of ‘Ethics’. I asked a search engine ‘What is the difference between Morals and Ethics?’ Mind1(1) ‘Ethics deals with right or wrong conduct.

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Understanding Firm Fixed Price Contracts: Benefits and Risks for Government Suppliers

Public Contracting Institute

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Cunningham adds that proper training for system operators “must cover not only system operation but also legal and ethical considerations.” Keeping pace with rapid technological advancements, particularly in artificial intelligence (AI) and analytics, while navigating associated legal and ethical challenges can be tricky to navigate.

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Register for Our MAS Basic Training and GSA and VA Schedule Contract Training for In-House Counsel Courses!

The Coalition for Government Procurement

This course is designed for professionals who have significant Schedule contracting experience or are a contract attorney.

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Global Sourcing – Is It Suitable For Your Business?

Oxford College of Procurement and Supply

The benefits of sourcing from overseas include factors such as: Access to a wider market Access to expertise and technology Lower prices If you read last month’s blog you will have discovered or been reminded of understanding the importance between price and cost.

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Season 11: Episode 2: FAR Facts

Public Contracting Institute

As a general rule, contractors should not disclose proprietary pricing information to other offerors/competitors during a federal acquisition. The person signing a contractor’s Certificate of Independent Pricing must be the person within the contractor’s organization who is “responsible for determining the prices being offered.”

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What is the FAR: Your Guide to the Federal Acquisition Regulation

Select GCR

Key Takeaways The Federal Acquisition Regulation (FAR) is the comprehensive set of rules that govern the procurement process of the US federal government, ensuring consistency, ethical practice, and efficiency across all executive agencies. These provisions and clauses are instrumental in ensuring fair and ethical procurement practices.

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