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The nexus between data management tools, transparency and procurement policy

Federal News Network

Transparency, data integrity, and compliance with the Federal Acquisition Regulation (FAR) all are foundational considerations in the use of AI and/or algorithms to support procurement operations. With this transparency, contractors would be able to use the tools to conduct their own analysis in support of their proposal preparation. (Of

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The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

Transparency, data integrity, and compliance with the Federal Acquisition Regulation (FAR) all are foundational considerations in the use of AI and/or algorithms to support procurement operations. With this transparency, contractors would be able to use the tools to conduct their own analysis in support of their proposal preparation. (Of

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

The Procurement ClassRoom

Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used.

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GSA Moves Forward with a New EPA, Consistency is the Next Opportunity

The Coalition for Government Procurement

This lack of transparency echoes FAS Policy and Procedure (PAP) 2021-05 , threatening the uniformity, accuracy, and fairness of GSA procedures. It also lowered the approval threshold for EPA increase requests and allowed for the removal and re-addition of contract items at higher, renegotiated prices.

Price 49
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Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. Increased transparency, including publication of an extended range of mandatory notices and contract details. When does the Procurement Act take effect?

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OMB Final Rule Rewrites the Uniform Guidance for Grants, Cooperative Agreements, and Other Federal Financial Assistance

Government Contracts Legal Forum

The Final Rule (titled “OMB Guidance for Federal Financial Assistance”), and OMB’s accompanying memorandum to agencies and reference guide , state that the revisions aim to streamline and clarify the grant rules and improve management, transparency, and oversight of federal financial assistance.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.