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Cooperative purchasing , by combining the needs of many agencies, not only lowers costs but also improves access to quality products and services, simplifies procurement processes, and ensures compliance with regulations. What is Cooperative Purchasing? This reduces the need for bid preparation and evaluation.
Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.
City of Bellingham Position: Purchasing Manager Location: Bellingham, Washington Closing Date: Friday, August 11, 2017 at 4:30 pm Pacific Time Interview Schedule: The most qualified candidates will be asked to participate in a panel interview on August 31, 2017. Directs work of purchasing staff in carrying out and executing contracts.
Under the BCI, GSA will lead the government in negotiating a governmentwide IT software license agreement with a large software provider. The Government Accountability Office found in January that 10 vendors, including Microsoft, Adobe, Salesforce and Oracle accounted for 73% of all licenses purchased by the 24 agencies reviewed.
When local governments purchase technology, it’s crucial they understand the unique constraints and responsibilities they face. Here are a few more skills Cunningham feels belong on the IT purchasing team: project management, financial analysis and communication skills.
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]
Across all these aspects of procurement we will find ourselves having to negotiate. Negotiation can take place at the beginning of the procurement cycle where the need for a purchase is established through to the last stage where the need is being reviewed. Finally, what approach is best suited to the negotiation?
These pre-negotiated agreements streamline the purchasing process, allowing businesses to secure federal contracts more efficiently and effectively. Feeling lost in the maze of government procurement? Government contract vehicles can be your map to success.
Boeing initially planned to reacquire Spirit AeroSystems in an all-cash transaction but made a last-minute move by proposing to fund its purchase of the aircraft parts manufacturer using mostly company stock, The Wall Street Journal reported Monday.
The Challenge: Limited Resources, Lengthy Research, and Cumbersome RFP Process The Town of Epping faced a significant challenge in streamlining its procurement operations due to the intricate and heavily regulated nature of government purchasing. “Securing three quotes for our purchases poses a significant challenge.
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.
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.
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.”
Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. The post The Truth Behind Truth in Negotiations Requests appeared first on Capital Edge Consulting. We can help!
We generally negotiated those pricing and terms and conditions with our contracting officers. Basically this streamlines for purchase card holders the buying process to access commercial online marketplaces,” Lee said. “ We have a legacy processing system that we were supporting, that was twofold.
Despite the rapid growth of software marketplace usage in recent years, some state and local government (SLG) purchasers are holding back. SLG agencies can set up an AWS account through their reseller so their purchase order and invoicing process works as usual. Being able to click a button to purchase was also fantastic.
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.
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.
– 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. A typical example is purchase order (PO) updates.
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. The Federal Supply Schedule is not a mandatory source of supplies.
Institute a commercial ordering/logistics system at the Department of Veterans Affairs for medical supplies, to take advantage of negotiated pricing under established contracts and reduce patient safety risk due to gray market purchasing and order errors.
These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Now, customers who are more strategic with negotiated rates are given preferential treatment. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.
Howeversignificant activity is expected after the election, including negotiations on annual spending bills and the National Defense Authorization Act (NDAA). The FIT Procurement Act would increase the simplified acquisition threshold from $200,000 to $500,000 and raise the micro-purchase threshold from $10,000 to $25,000.
This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. They do not require the government to purchase all its requirements from FSS program contracts. It also prescribes and/or recommends additional data collection requests for FSS contractors.
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.
Currently, the rules allow a mentor to have more than three protégés when it purchases another mentor and commits to honoring the obligations under the seller’s mentor-protégé relationship. What rights does a protégé have if its mentor is acquired? Finally, the proposed rule would add a new § 125.9(d)(1)(iv)
Cost savings: Pre-negotiated pricing and terms help speed up procurements, maximize value, and optimize spending. Combine SINs to meet your requirements, or try a blanket purchase agreement to fill recurring needs easily. Access to expertise: Agencies tap into a pool of qualified and experienced EOS providers.
This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.
Institute a commercial ordering/logistics system at the Department of Veterans Affairs for medical supplies, to take advantage of negotiated pricing under established contracts and reduce patient safety risk due to gray market purchasing and order errors.
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.
With this blurring of lines, duties and responsibilities within traditional IT roles, Mitchell says it is important to also have legal, HR, procurement, compliance and operations at the table to aid in negotiations. These team players can help to comprehensively develop the desired end result of the project.
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. Understanding the Fundamentals RFPs and RFQs are both tools used in government contracting, but they serve different purposes.
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?
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. Reduced errors, fraud and risk.
With employees increasingly expecting the purchase order process to be as simple as consumer-shopping, it is not just a matter of their productivity but also satisfaction. Having visibility and control into purchase orders and Invoices helps not just ensure a company’s financial viability but also that of it’s supply chain.
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. The Federal Supply Schedule is not a mandatory source of supplies.
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 Priority 2, we are setting new standards for how the government collaborates and negotiates in the IT realm, ensuring better outcomes for all our stakeholders.
So the de minimis rate is a default indirect cost rate that the uniform guidance allows for recipients to use instead of negotiating at an indirect cost rate. And particularly for newer recipients or sub recipients, it’s more burdensome to have to go through the indirect rate negotiations with an agency. Tell us about that.
That rule requires that an offeror be registered in SAM at the time of offer submission, “and shall continue to be registered until time of award, during performance, and through final payment of any contract, basic agreement, basic ordering agreement, or blanket purchasing agreement” per FAR 52.204-7(b).
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. The company chose Consus and Ivalua for their deep capabilities in the Source to Contract space to support their critical purchasing processes. has gone live with Ivalua’s Source to Contract solution.
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.
Many organizations start the purchasing process with a Request for Proposal (RFP) to identify the best vendors for their needs. Run Negotiations Alongside the Selection Process Negotiation is often necessary when: • The purchase price is high or the vendor will provide ongoing products/services. Time is limited.
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.
The annual PwC Digital Procurement survey was conducted among 400 Purchasing Departments across Europe. Join this breakout to hear how PwC leveraged IVALUA’s solutions and improved negotiations tracking, approvals workflow and the creation of a unique contact repository.
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