Procurement Integrity Violations Cost Contractor $60,000
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Procurement Integrity Violations Cost Contractor $60,000

Questionable activities were commonplace in the procurement industry long before the Procurement Integrity Act passed in the late 80s. From small-scale construction projects to multimillion dollar research and development proposals, there have been cases of espionage, bid tampering, and similar crimes. Penalties are harsh at any level, but contractors and procurement professionals working with federal…

Creative Ways to Improve Your Supply Chain

Creative Ways to Improve Your Supply Chain

Increasingly today, the work of a CFO has become much broader in the corporate world. They are often looked to by CEOs and other members of higher-management as a resource for information and assistance with other company-wide issues. Finding opportunities and figuring out profitable ways to use corporate finances is an important and vital part…

Corruption Charges Filed on Miami Beach’s Former Procurement Chief
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Corruption Charges Filed on Miami Beach’s Former Procurement Chief

Corruption and scandal are common in Miami Beach. Not even the local government can escape the temptation, particularly those in the procurement department. City officials arrested former procurement chief, Gus Lopez, last month on charges of bid tampering, illegal compensation, and racketeering.

Why the Government is Breaking Tablet Procurement in to Two Phases

Why the Government is Breaking Tablet Procurement in to Two Phases

Information and communication technologies are vital to today’s government agencies, but the cost of ICT procurement is a sore point for Australian finance officials. According to a recent analysis of overall spending in New South Wales, ICT products alone account for over $2 billion each year, leading to several recommendations for budget cuts.