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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. GSA’s current use of algorithms and pricing data is instructive in this regard.
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. GSA’s current use of algorithms and pricing data is instructive in this regard.
During the training, Jason, Liam, and Alex will cover the following topics and more: Pricing – Transactional Data Reporting (TDR)/Commercial Sales Practices (CSP); Domestic Preferences; Supply Chain; Enforcement/Mandatory Disclosure/Ethics; Sustainability Requirements/Policy; and Bid Protests Update. Open Government National Action Plan.
Key Takeaways Federal contractors must adhere to the Federal Acquisition Regulation (FAR), which ensures fair, transparent, and efficient procurement processes. Governed by a comprehensive set of laws and regulations, this process ensures fairness, transparency, and accountability.
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7
View from Main Street: Size Recertification Confusion Updates on Timely Topics Impacting the Government Contracting Industry from Vice President of Acquisition Policy, Ken Dodds Historically, the length of government contracts did not exceed five years and size was determined at the time of offer (including price) for the contract.
The Price Reduction Clause (PRC), which applies to Federal Supply Schedule (FSS) contracting, is not based on statute, and is a price control mechanism. It increases prices for government and commercial customers. Yet, this guidance has not been subject to the transparent rulemaking process.
The Price Reduction Clause (PRC), which applies to Federal Supply Schedule (FSS) contracting, is not based on statute, and is a price control mechanism. It increases prices for government and commercial customers. Yet, this guidance has not been subject to the transparent rulemaking process.
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