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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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OPM will use AI to modernize legacy IT system over a two-year period

FedScoop

The Office of Personnel Management will lean heavily on artificial intelligence as it leverages a recent Technology Modernization award to update legacy mainframe programs for its retirement systems, according to an agency spokesperson. So this is not just AI running on its own writing code; we will validate everything.

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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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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Additionally, the procurement management team may select the procurement method based on the nature or complexity of the requirement.

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Commerce looking to publish AI-ready data guidance in coming months

FedScoop

It will address topics such as documentation, improving metadata, licensing, usage, quality and integrity, Houed told reporters following a panel discussion about AI and data policy at the Data Foundation’s govDATAx event. She also noted that Patrick McGarry, general manager for U.S. McGarry moderated the discussion.

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

The Procurement ClassRoom

The interplay between these principles ensures the responsible and transparent management of public funds, crucial for meeting community needs while optimizing economic benefits. It aims to achieve best value for money by balancing life-cycle costs and quality to meet user needs beyond just the lowest initial price.

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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.