Federal News Network

JANUARY 24, 2025

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.

Efficiency 52

Efficiency Procurement Government Government 52

Open Contracting Partnership

APRIL 4, 2025

Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. As theOpen Contracting Partnership, we support transformational procurement reforms in over 50 countries. How can the Bank leverage this opportunity?

Procurement 52

Procurement Collaboration E-procurement Procurement Team 52

ivalua

FEBRUARY 10, 2023

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.

Price 105

Price Supply Chain Supplier Procurement Team 105

FedScoop

MAY 15, 2024

As Congress works on legislation to fill in gaps regarding cloud procurement in federal acquisition regulation, a General Services Administration official said Wednesday that the agency has stepped in to help guide agencies. The post GSA focused on cloud procurement efforts for agencies, official says appeared first on FedScoop.

Procurement 115

Procurement Product Management Purchasing Price 115

SmallGovCon

FEBRUARY 16, 2024

If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper. B-421917.2,

Price 81

Price Bidding E-procurement Evaluation 81

GovCon Wire

MARCH 14, 2025

Air Force for the procurement of advanced, long-range missiles. JASSM, LRASM Contract Modification Details The Department of Defense said Thursday the modification to the firm-fixed-price, undefinitized contract covers the production of Joint Air to The post Lockheed Lands $1.9B

Contract 71

Contract Price Procurement 71

Federal News Network

JUNE 24, 2024

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.

Transparency 86

Transparency Data Procurement Management 86

Federal News Network

DECEMBER 12, 2024

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. Currently, prices routinely vary up to 20% for the same software across agencies, OMB wrote in its fact sheet about BCI in 2023.

Inventory 80

Inventory Price Purchasing Negotiation 80

The Coalition for Government Procurement

JANUARY 24, 2025

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.

Efficiency 40

Efficiency Procurement Government Government 40

FedScoop

OCTOBER 21, 2024

A top technology trade group is nudging the leadership of the Senate Homeland Security and Governmental Affairs and the House Oversight and Accountability committees to advance a bill aimed at modernizing the federal procurement process. The FIT Procurement Act, introduced last month by Rep. In a letter sent Monday to Sens.

Procurement 114

Procurement Thresholds Innovation Price 114

Scottish Government Procurement

DECEMBER 12, 2024

As 2024 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sectors 2024 achievements. They show that the 16 billion of public procurement spend, we generated 13.8 billion to Scottish GDP.

Public Procurement 48

Public Procurement Procurement Supply Chain E-procurement 48

Federal News Network

MAY 16, 2024

Sometimes federal procurements don’t go according to the rules. That’s what the Justice Department’s Procurement Collusion Strike Force tries to discover and prosecute. I mean, the federal procurement system in the United States is in many ways the gold standard for the world. Is it mostly whistleblowers?

Collusion 105

Collusion Procurement Bid Rigging IT 105

Federal News Network

NOVEMBER 20, 2024

Haynes Boone procurement attorney Dan Ramish joined the Federal Drive with Tom Temin to provide more details. So the Court of Federal Claims, one of the judges issued a decision in Tolliver Group that said that the Rule of Two actually applies to an acquisition before there’s even a decision on which procurement vehicle to apply.

Thresholds 104

Thresholds Participation Procurement Contract 104

FedScoop

JUNE 20, 2024

A new procurement tool launched by the White House and the General Services Administration will streamline market research for federal agencies and act as a “complement” to the current request for information process, an Office of Federal Procurement Policy official said in an interview Thursday.

Data 116

Data Procurement Budget Management 116

Scottish Government Procurement

JULY 11, 2024

We have published a Construction Policy Note (CPN) to provide notification of new guidance which details an alternative method of determining the price score in tender assessments – the Graduated Pricing Mechanism (GPM). The principle is that the lowest price is awarded the highest score (i.e. What is the GPM?

Price 62

Price Tender Public Procurement Finance 62

GovSpend

FEBRUARY 29, 2024

In a recent webinar hosted by GovSpend Relationship Manager and SLED expert Paige Mockler, procurement professionals were shown how to leverage GovSpend’s public sector intelligence to meet their procurement goals. The post Webinar Recap: 5 Ways GovSpend Can Help SLED Agencies Meet Procurement Goalss appeared first on GovSpend.

Procurement 105

Procurement Purchasing Price Bidding 105

Open Contracting Partnership

DECEMBER 19, 2023

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 ”.

Public Procurement 140

Public Procurement Procurement E-procurement IT 140

The Procurement ClassRoom

MAY 11, 2024

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. Effectiveness in Public Procurement Effectiveness in public procurement measures the degree to which procurement activities meet their intended objectives and outcomes.

Public Procurement 98

Public Procurement Efficiency Procurement Management 98

VWV

DECEMBER 18, 2024

With the Procurement Act 2023 set to go live on 24 February 2025, the Cabinet Office has been releasing guidance notes to help both contracting authorities and suppliers prepare. This may include pricing, financial information which could affect the outcome of a future bid, intellectual property and trade secrets.

Supplier 52

Supplier Data Procurement Tender 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

Procurement is all about achieving value for money. The definition of benchmarking according to the Oxford English Dictionary is: Evaluating (something) by comparison with a standard Benchmarking in procurement can take many forms, the most basic being, simply comparing quotes or bids from incumbent suppliers to ascertain the best value.

Supplier 59

Supplier Supply Chain Price Procurement 59

Federal News Network

AUGUST 20, 2024

The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. That hubris reared its ugly head most recently in June when the Navy retracted a technical assessment that found shortcomings in the Navy’s electronic procurement system (ePS) program.

Procurement 119

Procurement Electronics Contract Evaluation 119

Redstone Government Consulting

JULY 8, 2024

DoD issued a final rule DFARS Case 2023-D010 on May 30, 2024, amending The Defense Federal Acquisition Regulation Supplement (DFARS) implementing Section 803 of the National Defense Authorization Act on data required in support of commerciality determinations and price reasonableness under procurements for major weapon systems.

Procurement 84

Procurement Price Data Government 84

Open Contracting Partnership

JUNE 26, 2024

A publicly available tool, ACT Ai aggregates data on over 31 million public procurement projects, linking them with company registration data to detect potential fraud and corruption. Further digging revealed the scope of this procurement: a staggering 6,773 lamp posts had been bought in nine transactions totaling 673 million Baht (US$18.2

Corruption 113

Corruption Data Procurement Public Procurement 113

Federal News Network

DECEMBER 18, 2024

However, in practice, federal agencies are often directed toward larger procurement platforms, which can introduce complexities that hinder small businesses. While these platforms were developed to simplify procurement, they frequently favor larger, established vendors, making it difficult for small businesses to compete on equal footing.

Purchasing 78

Purchasing Thresholds Buyers Procurement 78

Government Contracts & Investigations

SEPTEMBER 25, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 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]

Negotiation 98

Negotiation Price Government Contracts IT 98

Open Contracting Partnership

SEPTEMBER 9, 2024

Transparency International UK (TI-UK) just dropped a damning report on the UK’s pandemic-era procurement of PPE. But that’s exactly why the UK should’ve let its procurement professionals take the lead. This excellent book discusses the many smart, sensible ways of dealing with emergency procurement. Yes, it was chaotic.

Procurement 116

Procurement Transparency Buyers Corruption 116

Oxford College of Procurement and Supply

JANUARY 9, 2024

As a procurement professional one of your main objectives will be achieving value for money on purchases. One way to reach this objective is to focus on the cost of acquisition rather than the price of acquisition. Price and cost are often terms that are used interchangeably but in reality, the terms are quite different.

Price 59

Price Supplier Quality Procurement 59

Federal News Network

SEPTEMBER 19, 2024

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.

Procurement 108

Procurement Purchasing Negotiation Price 108

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

Federal News Network

JANUARY 3, 2025

As it always does, the National Defense Authorization Act known as the NDAA includes a whole section devoted to federal procurement. Zach Prince And it’s really quite popular with a lot of agencies and they get a lot of good work done quickly without having to go through a typical procurement process.

Procurement 52

Procurement Manufacturing Engineering Supply Chain 52

Federal News Network

FEBRUARY 28, 2025

The FoRGED Act is the procurement blueprint for the National Defense Authorization Act of 2026. The current statutory language has been interpreted by some to require the lowest price regardless of terms and conditions at the contract level. Competition at the order level includes price competition.

Price 53

Price Innovation Quality Contract 53

GovCon & Trade

FEBRUARY 28, 2024

The Procurement at Issue The Navy’s Naval Sea Systems Command (NAVSEA) issued a Request for Task Order Proposals (RTOP) to holders of the SeaPort Next Generation indefinite-delivery, indefinite-quantity (IDIQ) contract seeking to procure administrative and engineering support services. 4106(f)(1) and 10 U.S.C.

Bidding 147

Bidding Thresholds Price Evaluation 147

Federal News Network

DECEMBER 3, 2024

Our review shows that the most prevalent reasons for sustaining protests during the 2024 fiscal year were: (1) unreasonable technical evaluation; (2) flawed selection decision; and (3) unreasonable cost or price evaluation,” GAO wrote in its report. “It In the short term, agencies must decide by Feb. In a proposed rule from Nov.

Thresholds 88

Thresholds E-procurement Accountability Procurement 88

ExecutiveBiz

DECEMBER 2, 2024

million contract for the procurement of critical mortar system components. Army Contract Details The Department of Defense said the two companies will compete for each order of the firm-fixed-price contract for the production of mortar propelling charges. The […]

Contract 52

Contract Price Procurement 52

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Supply Chain 97

Supply Chain Manufacturing Procurement Management 97

The Procurement School

NOVEMBER 16, 2023

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I A few weeks later, the letter from the organization’s legal counsel was received and agreed with the Director of Procurement’s refusal to accept the late bid. The writing was on the wall for the Director of Procurement.

Ethics 98

Ethics Import Procurement Public Procurement 98

The Coalition for Government Procurement

JUNE 21, 2024

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.

Transparency 64

Transparency Data Procurement Management 64