PURCHASE NOW

The Procurement Blog

Expert guidance and best practices for making efficient, compliant procurements.

5 Best Practices to Maintain Audit-Ready Procurement Documentation audit documentation Dec 03, 2024

Maintaining audit-ready procurement documentation is critical for organizations receiving federal funds. The Uniform Guidance procurement standards require recipients to document every step of their p...

Continue Reading...
CLM Software 101: A Game-Changer for Efficiency & Compliance contract management software Nov 19, 2024

Managing contracts effectively is crucial for nonprofits striving to maximize impact while maintaining transparency and compliance. Contract Lifecycle Management (CLM) software has become an essential...

Continue Reading...
4 Red Flags To Look For When Reviewing Third-Party Financial Statements audit documentation efficiency financials third party Nov 13, 2024

Audited financial statements are one of the most important documents you can use to support effective third-party due diligence. As the adage says, "The numbers don't lie."

However, analyzing a vendo...

Continue Reading...
Use a Partner Code of Conduct to Set Clear Expectations for Contractors and Subrecipients due diligence efficiency partner code of conduct responsible contractors Oct 30, 2024

A Partner Code of Conduct (PCC) is a powerful tool your organization can use to maintain productive, ethical, and compliant relationships with contractors, subrecipients, and other third-party partner...

Continue Reading...
The Path to Procurement Compliance Across Multiple Funding Sources policies Oct 23, 2024

If your organization receives funding from various sources—federal, state, local governments, or private foundations—keeping up with different procurement requirements can feel overwhelming. However, ...

Continue Reading...
Fair and Open Competition in Procurement: Tips to Avoid Common Pitfalls bidding competition Oct 17, 2024

Ensuring fair and open competition in procurement is a requirement for organizations receiving federal financial assistance. These standards foster competition, eliminate favoritism, and ensure respon...

Continue Reading...
6 Tips for Writing Clear, Compliant Procurement Policies policies Oct 10, 2024

Updating your organization’s procurement policies is crucial for complying with the 2024 Uniform Guidance. However, crafting compliant policy language that’s easy to understand and actionable can be c...

Continue Reading...
New Responsibilities for Contractor Due Diligence Under the 2024 Uniform Guidance due diligence responsible contractors risk management Sep 30, 2024

It’s not uncommon for organizations to face issues with contractors who fail to meet expectations, lack the necessary resources, or create compliance headaches. Often, these challenges are traced back...

Continue Reading...
Procurement Documentation Requirements Under the 2024 Uniform Guidance - 5 Tips to Maintain Audit-Ready Procurement Records documentation Sep 23, 2024

When was the last time you checked the completeness of your procurement documentation?

With the 2024 Uniform Guidance updates going into effect on October 1, it’s the perfect time to ensure you're ma...

Continue Reading...
Managing Proposals Under the 2024 Uniform Guidance: Key Steps & Best Practices procurement method proposals Sep 16, 2024

When you're purchasing essential goods and services with federal funds, managing a compliant procurement process is vital.

The Uniform Guidance sets strict standards for high-cost procurements, requi...

Continue Reading...
Contractor or Subrecipient? Here's Why You Need to Make the Right Choice risk management Sep 09, 2024

Do you follow a consistent process for determining whether you are working with a a contractor or a subrecipient?

This is a critical question every recipient—and subrecipient—of federal funds must as...

Continue Reading...
Important Policy Decisions for a Smooth SAM.gov Screen policies responsible contractors risk management Aug 26, 2024

Recipients of federal funding have long been required to screen contractors and subrecipients for suspension or debarment; however, some requirements are open to interpretation and can create more wor...

Continue Reading...
1 2