Remove Information Remove Price Negotiation Remove Thresholds
article thumbnail

The nexus between data management tools, transparency and procurement policy

Federal News Network

Underlying these tools is a price analysis algorithm that assesses or compares several pricing data points to generate a “market threshold” that can then be used to determine whether a proposed price is fair and reasonable based on the market information available to GSA.

article thumbnail

The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

Underlying these tools is a price analysis algorithm that assesses or compares several pricing data points to generate a “market threshold” that can then be used to determine whether a proposed price is fair and reasonable based on the market information available to GSA.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Friday Flash 02/09/2024

The Coalition for Government Procurement

Artificial intelligence systems use machine and human-based inputs to- (A) perceive real and virtual environments; (B) abstract such perceptions into models through analysis in an automated manner; and (C) use model inference to formulate options for information or action. IT/Services Committee Meeting with GSA’s Office of IT Category, Feb.

article thumbnail

Friday Flash 06/07/2024

The Coalition for Government Procurement

At the ASCEND BPA industry day held on February 8 th this year, FAS indicated that it was starting market research on Pools 2 and 3 and that industry partners should look for a Request for Information (RFI) for those pools this summer. For more information, please contact Heather Tarpley at htarpley@thecgp.org.

article thumbnail

A Brief Primer on the Impact of a Federal Government Shutdown

Government Contracts Legal Forum

FLSA exemption issues can arise when unpaid furlough periods reduce the compensation level of exempt employees below the threshold required for them to maintain their exempt status under federal, state, or local law. During a government shutdown, many government contractors implement unpaid furloughs of employees.

article thumbnail

Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

This includes staying informed about regulatory requirements, implementing compliance programs, and conducting regular audits to ensure adherence to the rules. These cybersecurity standards are essential for protecting sensitive information handled by contractors working with the United States government.

article thumbnail

Friday Flash 08/16/2024

The Coalition for Government Procurement

program requirements proposed at 32 CFR part 170; Add definitions for controlled unclassified information (CUI) and DoD unique identifier (DoD UID) to the subpart; Establish a solicitation provision and prescription; and Revise the existing clause language and prescription.