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Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies.
The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement. Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on.
The labor contract between UPS and the Teamsters union is the largest private collective bargaining agreement in North America – The post [Pod] Negotiating The Big One: UPS and the Teamsters Labor Union appeared first on Art of Procurement.
In today’s fast-paced and budget-conscious public sector environment, efficient procurement practices are more crucial than ever. Let’s explore what cooperative purchasing entails and delve into the myriad ways it can revolutionize public sector procurement. What is Cooperative Purchasing? Your Peers are Using Cooperatives!
Photo credit: South African Tourism Colloquium Participants South Africa’s National Research Foundatio n (NRF) (which coordinates with the nation’s research institutions) hosted a weeklong conference, September 3-6, 2024, to discuss South Africa’s Public Procurement Act , Act No. procurement system and elsewhere.
When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance.
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. The GPEL will identify opportunities to improve the efficiency and effectiveness of the procurement system to deliver cost effective, best value solutions to meet customer agency mission requirements.
If you have been following the monthly blogs you will now be aware of the different categories of procurement, the way KPIs can help manage performance as well as stakeholders and how we manage the four different categories. Across all these aspects of procurement we will find ourselves having to negotiate.
At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.
Bindi Patel, a more than two-decade consulting industry veteran, has been appointed vice president of contracts and procurement and corporate risk officer at Springfield, Virginia-based defense and space manufacturing company Ensco.
We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]
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. The potential is enormous. The potential is enormous. Moreover, there is precedent for it.
When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. The General Services Administration is about to deliver on that promise.
Most procurement professionals have experience building cost models to support their negotiation prep. The post Boosting SaaS Software Negotiating Leverage appeared first on Art of Procurement. They can estimate the cost and amount.
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. The GPEL will identify opportunities to improve the efficiency and effectiveness of the procurement system to deliver cost effective, best value solutions to meet customer agency mission requirements.
Federal Insights - GSA's FAS streamlining - 9/19/24 [link] Download audio In the battle to modernize and streamline federal procurement, the General Services Administration is on the front lines and in the trenches. We generally negotiated those pricing and terms and conditions with our contracting officers.
Author: Larry Berglund Negotiation competencies are a must in procurement. Whether in the private or public sector, you are always negotiating. Not easy to justify moving from one ERP to another IT service simply because you couldn’t find ways to negotiate better value. Multiple party negotiations?
It’s important to know how to handle IP negotiations the right way. Learn more about intellectual property in government contracts Best Practice 1: Prepare Well Before Negotiations Before you start negotiating, it’s smart to do an IP audit. This helps you know what to ask for in negotiations.
I was invited to provide an entry on ‘public procurement’ for the forthcoming Elgar Encyclopedia of European Law co-edited by Andrea Biondi and Oana Stefan. things going on in procurement. Public Procurement I. I must say I struggled to decide what to write about, as the entry was limited to 4,000 words and there are so many (!!)
Feeling lost in the maze of government procurement? These pre-negotiated agreements streamline the purchasing process, allowing businesses to secure federal contracts more efficiently and effectively. Government contract vehicles can be your map to success.
Watson, Government Contracts and Procurement Fraud Attorney: The Truth in Negotiations Act (TINA), also known as Public Law 87-653, is a U.S. Read more » The post How to Avoid Truth in Negotiations Act TINA Pricing Criminal Liability appeared first on Watson & Associates LLC Government Contracts Blog. 2306a, 41 U.S.C.
This novel approach to contracting can help streamline government approvals of software procurement and speed up the governments access to third-party software solutions using AWS Marketplace by offering a pre-negotiated and consistent end-user license agreement (EULA) for each purchase. Who can benefit from SCMP+FA?
Moreover, given the procurement system’s focus on regulatory and performance compliance, prime contractors are incentivized to flow down as many clauses as possible beyond those mandatory flow-downs. For this reason, procurement policy flow-downs cannot be one-sided.
The labor contract between UPS and the Teamsters union is the largest private collective bargaining agreement in North America – The post [Pod] Negotiating The Big One: UPS and the Teamsters Labor Union appeared first on Art of Procurement.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
TRANSCOM thus has violated CICA by procuring services through other than full and open competition and preventing qualified bidders from participating in the procurement, Total Military Management alleged in its similar Dec. 13 complaint.
In this session, Cara Wulf and Philip Lee discuss the Government procurement process in a nutshell, as well as the Procurement Integrity Act and consequences for violations. More information The post Procurement Process appeared first on McCarter & English, LLP.
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. The potential is enormous. The potential is enormous. Moreover, there is precedent for it.
Federal resources like SAM.gov and the Dynamic Small Business Search database are essential for small businesses to find and compete for government contracts, offering centralized procurement opportunities and increased visibility to federal agencies. SAM.gov lists contracts over $25,000, making it a vital resource for small businesses.
If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).
The Federal Acquisition Regulation (“FAR”) gives contracting officers significant flexibility in selecting the procurement method they choose to use. Five days later, the Corps advised Great Lakes that it was changing the method of procurement from IFB to RFP (negotiatedprocurement). LLC, B-421676.4, LLC, B-421676.4,
What does this mean for procurement and supplier management? Now there is a time and a place for price negotiation of course, but if you are an organisation where speed, innovation and agility is really important, key suppliers who play essential roles need to be handled differently. .
Jeff Koses, GSA’s senior procurement executive, wrote that contracting officers, under certain conditions, can use upfront payments to buy software-as-a-service and it doesn’t violate federal procurement law that prohibits advanced payments. “In This move should increase competition and drive better pricing.
As part of our ongoing efforts to modernize government IT procurement and management, the Better Contracting Initiative (BCI) has been a cornerstone of our strategy at the Governmentwide IT Program Management Office. We’ve embarked on a journey to streamline how our federal government procures and manages its software assets.
Introduction: In the realm of Canadian public sector procurement, understanding the fundamental principles of contract law is essential for ensuring fair, transparent, and effective practices. This article delves into the core concepts of Canadian contract law and examines their practical applications within the context of procurement.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.
Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.
Mandy Walter-Beam, Two Six Technologies As vice president of contracts and procurement at Two Six Technologies, Mandy Walter-Beam helps to shape the company’s strategic direction, foster growth and lead the complex world of compliance in government contracting. I know the stakes, because Ive lived them.
In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.
Why Benchmarking Matters in ProcurementProcurement is all about achieving value for money. In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. Ready to deepen your procurement expertise?
Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. This is the second largest government procurement fraud recovery under the Act according to the DOJ. “The Department of Defense (DOD).
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. Increasingly, AI is making its way into procurement operations. Artificial Intelligence (AI). Follow-on IT GWACs and more.
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