Public Contracting Institute

JULY 31, 2024

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. Mastering Cost and Price Analysis Accurate cost estimation and effective price analysis are crucial components of successful RFPs and RFQs.

Negotiation 52

Negotiation E-procurement Price Government Contracts 52

Federal News Network

OCTOBER 20, 2023

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.

Negotiation 95

Negotiation Price Transparency Data 95

The Coalition for Government Procurement

JUNE 21, 2024

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. GSA’s current use of algorithms and pricing data is instructive in this regard.

Transparency 64

Transparency Data Procurement Management 64

Federal News Network

NOVEMBER 3, 2023

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 ). Emphasis added.) See Section 2.

Price 68

Price Evaluation Negotiation Purchasing 68

The Procurement School

JULY 16, 2024

For a more complete description of Contract Management process click here Clear Language Clear and precise contract terms and conditions are important in contract management. One of the greatest sources of contract disputes is how to handle price increase requests where there is no clear contract language.

Efficiency 52

Efficiency Procurement Contract Supplier 52

Public Contracting Institute

MAY 20, 2024

It typically involves the following steps: Identifying opportunities Reviewing solicitation documents Attending pre-bid meetings Preparing and submitting a responsive bid Participating in bid evaluation and negotiations To excel in the bidding process, consider enrolling in our Life Sciences Contracting 101 course.

Bidding 52

Bidding Government Government Negotiation 52

Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

The Coalition for Government Procurement

NOVEMBER 3, 2023

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 ). Emphasis added.) See Section 2.

Price 49

Price Evaluation Negotiation Purchasing 49

The Coalition for Government Procurement

OCTOBER 20, 2023

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.

Negotiation 40

Negotiation Price Transparency Data 40

The Coalition for Government Procurement

FEBRUARY 23, 2024

First and foremost, if enacted, the legislative language will enable the Schedule program to continue to modernize beyond the price reduction clause, which clause represents the antithesis of best value. Certainly, there will be task or delivery order competitions where price is the determining factor.

Price 45

Price Innovation Quality Participation 45

American City & Country

AUGUST 27, 2024

It’s important to identify the types of projects you will be completing. The SiteOne executive says cooperative purchasing agreements can help local governments streamline the procurement process by reducing the time spent seeking bids, evaluating vendors and negotiating individual contracts.

Government 52

Government Government Bidding Purchasing 52

Federal News Network

FEBRUARY 22, 2024

A lot of companies have trade secrets, have pricing models, have sensitive information on their systems. Recognizing that initial reports may not contain complete information, even incomplete early reports provide the government an important opportunity to limit the extent of damage to its systems and data,” the proposed rule states.

Professional Services 102

Professional Services Import Data Balance 102

Kluwer Arbitration

JUNE 8, 2024

She also shared some particularities of the Swiss approach, such as the important distinction between monetary and non-monetary claims. He explained an important characteristic of choosing ICSID arbitration is that annulment applications are heard within the ICSID system instead of being handled by local courts.

Negotiation 52

Negotiation Import Corruption Demand 52

The Coalition for Government Procurement

AUGUST 15, 2024

This Legal Update summarizes the Court’s decision and highlights important takeaways for federal contractors that pursue OT opportunities. The first group of negotiated prices are for 10 Medicare Part D drugs that treat a variety of conditions including cardiovascular disease, diabetes, autoimmune diseases and cancer.

E-procurement 52

E-procurement Supply Chain Price Procurement 52

Kluwer Arbitration

JUNE 11, 2024

Against this backdrop, some important lessons can be drawn for practitioners. Despite negotiations, GBO notified CAI that the agreement was terminated, alleging several breaches. The ruling casts further light on the standard of judicial review applicable to annulment proceedings in France. and are generally seen as pro-competitive.

Distribution 59

Distribution Price Negotiation Manufacturing 59

Kluwer Arbitration

MARCH 30, 2024

All in all, the panelists agreed that the increasing use of mediation and negotiation imply a change of mindset within Brazil, although there is still much room for growth. As exposed by Mr. Adell, starting at the negotiation stage, there are several situations that could lead to a dispute, such as breach of confidentiality or exclusivity.

Efficiency 52

Efficiency Negotiation Price Buyers 52

Kluwer Arbitration

DECEMBER 3, 2023

As for dispute resolution provisions, Mr. Olefson stressed that, for in-house counsel, it is frequently more important to focus on the company’s commercial objectives and ensure that the deal closes than on any particular dispute resolution provision. As for what in-house counsel look for in outside counsel, the answer was clear: the best.

Management 52

Management Negotiation Import Price 52

Kluwer Arbitration

JULY 17, 2024

How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process. Under Section 3.6(a)

Thresholds 98

Thresholds Import Contract IT 98

Select GCR

MAY 14, 2024

For instance, FAR includes a provision at 52.203-2, Certificate of Independent Price Determination, which ensures independent bids and prevents collusive pricing in government contracting. In this context, it is essential to be aware of the Cost Accounting Standards Board and its regulations.

Ethics 52

Ethics Procurement Price Procurement Contracts 52

Federal News Network

AUGUST 1, 2024

There will be negotiations to retain key employees named on existing contracts, minimizing the risk of losing those contracts but also retaining critical knowledge, relationships and skills. There is a risk that the new owner may lose certain contracts at recompete, so that risk will be weighed and considered when looking at a purchase price.

Buyers 59

Buyers Purchasing Government Contracts Contract 59

Import and Trade Remedies

NOVEMBER 13, 2023

The potential of AD and SCM committees – some examples Treatment of goods: captive use and inward processing Take, for instance, the practically important issue of the treatment of captive goods, i.e., goods traded within the same company, or goods imported under the inward processing regime, in anti-dumping investigations.

Import 45

Import Export Negotiation Price 45

Public Contracting Institute

MAY 22, 2024

PCI offers focused training on topics like subcontract management , contract pricing , and equitable adjustments. Consider Cultural Fit You’ll be working closely with your consulting partner, so it’s important to find advisors who align with your company’s values, communication style, and ways of working.

Consulting 52

Consulting Government Contracts Government Government 52

ivalua

APRIL 11, 2022

TELUS’ procurement team set out to reduce off-contract buying in order to avoid the erosion of negotiated pricing and service levels of its suppliers. We created a buying experience that is tailored, elegant, and most importantly, has been adopted across a complex organization.

Procurement 52

Procurement IT Buying Process Consulting 52

ivalua

NOVEMBER 23, 2020

Their mission is to aggregate product purchases from member healthcare providers and secure lower product prices for them, particularly on commodity-type items, like flu vaccine. There are some important lessons to be learned from the Baylor Scott & White experience. That is why it is no surprise that 98% of all U.S.

Supply Chain 52

Supply Chain Procurement Purchasing Distribution 52

Tendersinfo

MARCH 24, 2021

The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful. Procurement Professionals evaluate Tenders based on Price v/s Quality. Hence it is important to put your best foot forward and put across your best potential to the procurement team.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

Select GCR

SEPTEMBER 10, 2024

To thrive in federal contracting, having an active registration on SAM is non-negotiable. Known as the Multiple Award Schedule or Federal Supply Schedule, it enables government buyers to procure a vast array of commercial products, services, and solutions at pre-negotiated prices. How often must SAM registration be revalidated?

Government Contracts 52

Government Contracts Government Government Contract 52

Procurement Notes

OCTOBER 10, 2022

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

Government 40

Government Government Price Contract 40

ivalua

JUNE 16, 2021

MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Governmental support will also be an important factor.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

LexBlog: Contracts & Procurement

FEBRUARY 28, 2022

The construction industry has not been immune from this general trend, with steel prices rising 200% and lumber prices soaring as high as 288% at different points in 2021. Federal contractors performing on a firm-fixed-price contract don’t usually have the same option. ” FAR 16.203-1. 62223, 21-1 B.C.A. ¶

Price 40

Price Contract Negotiation Government 40

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. This is important to maximize the adoption of the tool and eventually of the process. Rules and workflow engines automate this part for you. It is key to avoid maverick spend.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

The Coalition for Government Procurement

OCTOBER 19, 2023

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.

Price 52

Price E-procurement Supply Chain Procurement 52

ivalua

JANUARY 29, 2020

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. However, supplier collaboration is much easier to talk about than implement.

Collaboration 85

Collaboration Innovation Procurement Supplier 85

Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

Price 52

Price Government Contracts Government Government 52

ivalua

SEPTEMBER 10, 2019

Too many suppliers in one category may mean it’s time to simplify or negotiate better pricing with fewer vendors. The ability to pay on time suggests procurement has negotiated good terms for the business and that finance runs its part of the payment process effectively.

Supplier 56

Supplier Electronics Finance Negotiation 56

The Procurement ClassRoom

JUNE 21, 2015

To overcome this, it’s important not to overlook the need for special technical expertise to assist with the development of technical specifications , scope of work and terms of reference. You can use an electronic calendar, such as the Google or MS Outlook calendars, to set reminders of important dates on the procurement schedule.

Public Procurement 40

Public Procurement Procurement Bidder Tender 40

ivalua

MAY 6, 2021

You can get more business value by taking that workload away from those professionals so they can focus on higher-level tasks, such as contract negotiation or risk assessments.” . Other examples include excessive price variances, duplicate invoices or superfluous approvals. 2) Shift from drilling down to alerting up.

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

MAY 1, 2020

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. Companies that maintained zero-sum, hard negotiation relationships with suppliers cannot suddenly reset those in a more collaborative mold.

Supply Chain 52

Supply Chain Management Supplier E-procurement 52