Federal News Network

SEPTEMBER 19, 2024

We generally negotiated those pricing and terms and conditions with our contracting officers. The cool thing too, is that we used to run separately a pricing compliance report and we’re actually running this report before the vendors even submit their modification.” And so we relaxed that to one process.

Procurement 108

Procurement Purchasing Negotiation Price 108

ivalua

NOVEMBER 10, 2021

OMNIA Partners combines the purchasing power of its members to enable better pricing and service levels from suppliers, increasing an organization’s buying power and accelerating the time to savings. OMNIA Partners is the largest and most experienced purchasing organization for public and private sector procurement.

Purchasing 52

Purchasing Supplier Negotiation Sustainability 52

AWS Public Sector

SEPTEMBER 26, 2024

The best part of these conversations is their delight when they see the consolidated purchasing analytics. They might even haggle over prices if they’re buying a large amount of an item, but the organizer of the market never gets involved in this negotiation. I get to talk with procurement teams about AWS Marketplace daily.

IT 78

IT Buyers Contract Procurement Team 78

AWS Public Sector

FEBRUARY 29, 2024

Despite the rapid growth of software marketplace usage in recent years, some state and local government (SLG) purchasers are holding back. Myth #2: The prices in the marketplace are much higher than the ones I got quoted by my software vendor AWS Marketplace is a public website, so many software manufacturers choose to post MSRP-like prices.

Government 81

Government Government Purchasing Negotiation 81

American City & Country

AUGUST 27, 2024

McGinty notes that some municipal governments are bound by laws or regulations requiring agencies and departments to publicly seek bids before purchasing supplies or services. He advises: “Start the purchasing process with bidding services from distributors like SiteOne to help expedite the process.”

Government 98

Government Government Bidding Purchasing 98

The Coalition for Government Procurement

JANUARY 24, 2025

Embrace dynamic pricing models that leverage competition from the commercial market. There simply needs to be greater flexibility in pricing to meet customer demand across the federal market. Static pricing ultimately hinders competition and reduces value for customer agencies.

Efficiency 40

Efficiency Procurement Government Government 40

Federal News Network

OCTOBER 25, 2024

The General Services Acquisition Regulation (GSAR) and the Federal Acquisition Regulation (FAR) set forth the policies and procedures for the evaluation and negotiation of “fair and reasonable” contract level pricing under the Federal Supply Schedule (FSS) program. volume commitments, mandatory use, and limited pool of contracts).

Negotiation 59

Negotiation Price Government Government 59

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Think about all the users (requisitioners, approvers) of a P2P process and the amount of time they spend purchasing if the process is inefficient. It is key to avoid maverick spend.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

American City & Country

OCTOBER 8, 2024

Mitchell warns that “Agencies may have poor outcomes when a Lowest Price Technically Acceptable (LPTA) solicitation is awarded, and the public entity then goes completely hands-off and simply expects perfection with the final deliverable.” An agency’s tech-buying team should be highly inclusive with a variety of skills, Mitchell says.

Import 110

Import Competitive Bidding Price Change Management 110

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 66

Price Evaluation Negotiation Purchasing 66

Federal News Network

JULY 9, 2024

The Senate Armed Services Committee has introduced an amendment that would give the Defense Department components more authority to purchase alternative cybersecurity products and services. The components can also procure cyber services independently if the DoD CIO office approves the purchase.

Purchasing 95

Purchasing Networking Procurement Negotiation 95

Great Government Through Technology

JANUARY 14, 2025

With such a large pool of vendors, agencies are able to get multiple competitive bids to get the best price for required services. Cost savings: Pre-negotiated pricing and terms help speed up procurements, maximize value, and optimize spending. How to Order: Agencies can issue an RFI or RFQ through GSA eBuy using SIN 541370GEO.

Competitive Bidding 40

Competitive Bidding Data Integrity Integration 40

NASPO

JULY 31, 2023

As local governments look for ways to stretch their budgets, many are turning to cooperative purchasing, where they can take advantage of the volume discounts states negotiate for office supplies, laptops and even specialized applications. READ MORE

Government 52

Government Government Buyers Procurement Team 52

Select GCR

DECEMBER 3, 2024

government is the largest purchaser in the world, significantly influencing the purchasing landscape. Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process.

Bidding 52

Bidding Government Government Buyers 52

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 Evaluation 52

Great Government Through Technology

AUGUST 19, 2024

Today, I am excited to discuss the strides we are making under the BCI, particularly Priority 2, which focuses on negotiating common enterprise-wide software licenses. With the help of a Governmentwide Integrated Project Team, the ITVMO builds a list of best-in-class terms and target pricing to pursue via a variety of recommended solutions.

Procurement 52

Procurement IT Government Government 52

The Coalition for Government Procurement

OCTOBER 25, 2024

The General Services Acquisition Regulation (GSAR) and the Federal Acquisition Regulation (FAR) set forth the policies and procedures for the evaluation and negotiation of “fair and reasonable” contract level pricing under the Federal Supply Schedule (FSS) program. volume commitments, mandatory use, and limited pool of contracts).

Negotiation 40

Negotiation Price Government Government 40

Select GCR

MAY 7, 2024

Securing a contract involves preparing a competitive proposal that meets the solicitation document’s requirements, developing effective pricing strategies that balance competitiveness with profitability, and potentially navigating subcontracting and partnerships.

Government Contracts 98

Government Contracts Government Government Contract 98

ivalua

NOVEMBER 29, 2021

To summarize, tail spend is commonly labeled as the money a company spends on purchases that accounts for roughly 80% of total transactions, making up about 20% of the company’s spend by volume. Poorly utilized preferred suppliers with negotiated pricing. Which supplier it was purchased from; and . Who purchased it.

Buyers 52

Buyers Supplier Purchasing Procurement Team 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

ivalua

SEPTEMBER 13, 2020

Buying at negotiated prices and within budget. Pain-Point: Purchasing compliance and collaboration. A procure-to-pay platform can offer: A single place for goods, services, components, tools and travel. Supplier, contract, legal tax and policy compliance. Electronic capture of all B2B transactions. Case in Point.

Procurement 81

Procurement E-auction E-procurement Supplier 81

ivalua

NOVEMBER 23, 2020

hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money. 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. healthcare industry today.

Supply Chain 52

Supply Chain Procurement Purchasing Distribution 52

Federal News Network

AUGUST 1, 2024

While government contracting is a way to diversify revenue in a company and enjoy guaranteed payors, the complexity of compliance and reporting as well as talent retention must be considered in the overall costs of purchasing a contractor. Should you pursue M&A? Is the profit margin from the contracts worth the transactional costs?

Buyers 59

Buyers Purchasing Government Contracts Contract 59

Procureware

MAY 3, 2018

Many organizations start the purchasing process with a Request for Proposal (RFP) to identify the best vendors for their needs. Encourage Vendor Innovation Structure the RFP around solving the business problem, rather than solely on the technical specifications or pricing, and you will spur vendors to propose innovative solutions.

Negotiation 40

Negotiation Bidder Bidding Price 40

ivalua

APRIL 11, 2022

Implementation of the project was led by Optis’ expert consulting team with support from Ivalua professional services, allowing TELUS to streamline their procurement processes through a simplified system that manages spend, ensures compliance, provides a rich catalog of products and services, and creates a full digital record of purchases. “We

Procurement 52

Procurement IT Buying Process Consulting 52

Great Government Through Technology

JULY 25, 2024

The change is another step toward delivering lower costs by aligning federal IT purchasing with commercial practices. Using the upfront payment model allows agencies to negotiate with vendors and resellers to realize more potential savings.

Price 52

Price Influencing Professional Services Negotiation 52

ivalua

OCTOBER 8, 2021

Yet in 2020, over two million people purchased goods online. While some shoppers will begin their research for products online, then visit the store to complete a purchase, others will visit the store to see and feel a product, then complete the purchase online.

Retail 52

Retail Procurement Supply Chain Supplier 52

ivalua

SEPTEMBER 13, 2020

Buying at negotiated prices and within budget. Pain-Point: Purchasing compliance and collaboration. A procure-to-pay platform can offer: A single place for goods, services, components, tools and travel. Supplier, contract, legal tax and policy compliance. Electronic capture of all B2B transactions. Case in Point.

Procurement 59

Procurement E-auction E-procurement Supplier 59

Oxford College of Procurement and Supply

AUGUST 23, 2023

It formalises the gathering, analysis and application of information to assist companies in aligning their purchasing strategy with their goals and securing the best possible value. Traditional sourcing was all about sourcing goods at the lowest possible price. Strategic sourcing is a contemporary approach to supply chain management.

Strategic Sourcing 52

Strategic Sourcing Import Total Cost of Ownership IT 52

Federal News Network

MARCH 25, 2024

Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. How is that data validated and being used to avoid bias? The world, however, has changed in four decades.

Procurement 59

Procurement Supply Chain E-procurement Buyers 59

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

Tracker Intelligence

NOVEMBER 4, 2024

Public sector procurement relies heavily on framework agreements as a streamlined purchasing tool for goods and services. Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. What Are Framework Agreements?

Framework Agreement 52

Framework Agreement Procurement Supplier Tender 52

Select GCR

MAY 14, 2024

This extensive set of rules ensures purchases are conducted fairly, efficiently, and in accordance with the law to best serve public interests. The FAR serves as the benchmark for all federal agencies and their contractors, guiding everything from straightforward purchases to intricate acquisitions. What is the FAR?

Ethics 52

Ethics Procurement Procurement Contracts Price 52

Procureware

NOVEMBER 16, 2017

Long before you make a purchase decision, you must create the right structure for vendor relationships with your procurement organization. Group Purchasing Organizations (GPOs) GPOs and cooperative purchasing networks leverage the purchasing power of their members to achieve lower costs on materials, goods and services.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

The Procurement School

JANUARY 12, 2023

Look for trends, where the organization is buying similar commodities through independent solicitations or direct awards and entering discrete contracts and purchase orders for each. Identify Needs Business intelligence is based on historical purchases and therefore may not capture all existing and emerging needs.

Procurement Strategies 52

Procurement Strategies Procurement Strategic Planning Supply Chain 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Purchasing is also where value is captured (i.e., Purchasing is also where value is captured (i.e.,

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

GovLoop

NOVEMBER 2, 2022

With pre-approved products, GSA MAS provides agencies the following: Faster acquisitions by eliminating costly and time-consuming RFPs Pre-qualified contractors government can connect with Pre-negotiated terms and conditions, and competitive prices.

Innovation 52

Innovation Negotiation Budget Purchasing 52