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The plan heavily focuses on public sector AI adoption and formulates a series of recommendations to boost AI procurement. In this post, I highlight some aspects from a procurement perspective. But doing this well is not easy - it will require real leadership and radical change, especially in procurement. This will require: 34.
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?
After the first two entries ( here and here ) of a more general nature, this one will be focused on contract specific critiques, in particular food procurement (contract types 9 and 15). It is defined in the Annex as a 'supply made via direct purchases from the producer or through one single intermediary.' 34 TFEU.
million modification to a Network Tactical Common Data Link systems procurementcontract, increasing the total value of the basic contract to $296.2 Navy has awarded BAE Systems’ information and electronic systems business an $84.9
We are pleased to welcome from 1st January 2025 Dr. Ezgi Uysal as a Post-Doctoral Fellow on our Purchase Power Sustainable Public Procurement through Private Law Enforcement (PurpLE) Project. Her work focuses on public procurement, contract law, and sustainability.
Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I To accept the bid would put the organization at risk of being sued by all the other 6 compliant bidders for the value of this contract of $9 million plus up to 2 years of lost profit”, the Director replied.
billion indefinite-delivery/indefinite-quantity contract to procure uranium enrichment services to help establish a domestic supply chain of high-assay low-enriched uranium used for deploying advanced nuclear reactors. The Department of Energy has begun soliciting proposals for a potential 10-year, $2.7 Proposals are due March 8.
The 2025 defense budget includes further restrictions on semiconductor sales to Huawei, requiring companies to rethink customer-base oversight, but other provisions are likely to broaden procurementcontract opportunities, say attorneys at Miles Stockbridge.
Special Operations Command has awarded four companies positions on a potential $750 million contract to provide numerous types of ammunition for all USSOCOM components. Blane International Group and Olin Winchester are the awardees on the multiple-award, indefinite-delivery/indefinite-quantity contract.
While the cost principle is titled Rental Costs, it addresses the cost of renting and leasing real and personal property utilized in the performance of US Government procurementcontracts and subcontracts.
The UK government's new tightened payment terms for suppliers in public procurementcontracts signals a vital move that will have far-reaching impacts across the business landscape when bidding for contracts.
The Procurement at Issue On February 10, 2023, the National Aeronautics and Space Administration (NASA) issued an RFP for the procurement of a geostationary extended observations (GeoXO) sounder (GXS) instrument for the weather satellite program. The RFP contemplated the award of a cost-plus-award-fee contract.
The Air Force Research Laboratory plans to issue multiple awards in the form of procurementcontracts or other transaction agreements to meet the two technology requirements, according to
Navy contracts worth approximately $9.6 HII’s (NYSE: HII) Ingalls Shipbuilding division has received two U.S. billion combined for the purchase of three San Antonio-class amphibious transport dock ships and one America-class amphibious assault ship. “It
Author: Graham Allen It is often said, “… working in public procurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by public procurement professionals. Preparation Each procurement is technically a legal case waiting to happen.
million contract from the U.S. The Department of Defense said Tuesday Army Contracting Command is the contracting activity. One offer was received for the hybrid contract through an online solicitation. Lockheed Martin (NYSE: LMT) has secured a potential $226.8 Work will occur at the
The federal government has introduced several strategies over the last decade to help small businesses vie for procurementcontracts, but overstretched acquisition staff may have limited capacity to deploy these strategies and reverse a downward trend in small business participation.
Well, if a small business prime contractor is found to have an ostensible subcontractor, the prime and subcontractor are found to be affiliated, and their sizes will be combined for the contract at issue. This affiliation could lead to the small business exceeding its size for the procurement/contract. As Winergy, LLC, SBA No.
In the UK, the government spends around £284 billion on public sector contracts every year. With so much money in play, it should be unsurprising that government procurement attracts so much interest. Even big names like Amazon, Dell, and Apple hold government contracts in England. What is Government Contracting?
The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. No fluff, no confusing jargonjust procurement terms and abbreviations explained in a way that actually makes sense.
Over the last few years, procurement has been undergoing a digital transformation. AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data.
Such procurement avoids the federal acquisition regulation and the defense supplement. We learn more from Haynes Boone procurement attorney Zach Prince, who spoke to the Federal Drive with Tom Temin. We learn more from Haynes Boone procurement attorney Zach Prince, who spoke to the Federal Drive with Tom Temin.
Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.
Contract termination in public procurement under the Procurement Act 2023directs to the lawful termination of a contract between acontracting authorityand a supplier, providing compliance withpublic contracts regulations.
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.
When the government purchases goods and services from private businesses, the process is known as public procurement. Public procurement matters because it boosts growth, investment, and jobs. In short, public procurement allows local businesses to serve their communities and taxpayers well. What is Public Procurement?
Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management.
Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions. But it seemed a bit of a cheek, really.
The COVID-19 Pandemic wreaked havoc on many businesses. For others, though, it created new opportunities to sell to the federal government, including an unprecedented demand for personal protective equipment (“PPE”), COVID tests, and vaccines.
What does this mean for procurement and supplier management? Working collaboratively is often complex, involving internal stakeholders beyond the procurement function too, which highlights another critical success factor – the need for effective programme and project management.
In this episode, Associate Professor Marta Andhov and Professor Willem Janssen discuss the intersection of public procurement and contract law. The topic of the research project PurpLE (Purchase Power Sustainable Public Procurement Through Private Law Enforcement) led by Marta.
There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . I know what you are thinking–making the needed changes to Public Procurement Processes will seem like a Sisyphean task.
The Government Accountability Office (“GAO”) recently dismissed a protest involving an Other Transaction Authority (“OTA”) procurement by the National Aeronautics and Space Administration (“NASA”). This procurement sought proposals for lunar service infrastructure and in-space infrastructure. Lunar Resources, Inc. B-421936, Nov.
Now that the period for federal agencies to review their spending has ended, companies holding procurementcontracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.
Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. I was challenged in the questions about whether we can really move away from “savings” as perhaps the main objective for Procurement.
The Department of Energy has released the final request for proposals for a procurementcontract to provide technical support services for a project office responsible for cleanup efforts at gaseous diffusion plant sites in Ohio and Kentucky.
Coast Guard has issued broad agency announcement calls for small-business set-aside contracts to provide information technology support services for the military branch’s command, control, communications, computers, cyber and intelligence systems.
The UK’s Digital Regulation Cooperation Forum (DRCF) has published a report on Transparency in the procurement of algorithmic systems (for short, the ‘AI procurement report’). Some of DRCF’s findings in the AI procurement report are astonishing, and should attract significant attention. This is extremely worrying.
The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Here are the top takeaways from that Webinar and from the full research.:
It was announced yesterday that the Portuguese train company (CP) chose a consortium headed by Alstom as the preferred bidder for its first major train procurementcontract in many decades. The procurement procedure was launched in December 2021 and adopted a MEAT approach for the award criteria.
million contract from the U.S. The competitively procuredcontract is in support of the potential integration of CADRE into the Next Generation Jammer program, the Department of Defense said Wednesday. An RTX subsidiary has secured a $40.6
In this episode, Marta and Willem invite a long-time listener and supporter of the Bestek podcast and a postdoctoral fellow at PurpLE, Ezgi Uysal, to discuss her research on the topic of sustainability contractual clauses (SCCs) in public procurementcontracts.
Courts and appeals boards have decided several consequential cases impacting government contractors this year, including determining whether software end-user licenses are procurementcontracts and weighing in on when companies can protest alleged violations of a federal preference for commercial items.
NASA has issued the final request for proposals for the sixth iteration of the Solutions for Enterprise-Wide Procurementcontract, which seeks to support federal agencies by serving as an acquisition vehicle for information technology products and services.
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