Purchasing power is the quantity of goods and services that you can buy with a single dollar at different time periods. The government increases the money supply in the economy via an expansionary ...

Procurement is undoubtedly the lifeline of your business, ensuring the delivery of quality goods and services to your customers. However, this crucial business function can often become overwhelming ...

Government contractors often focus on federal procurement opportunities, which are governed by the Federal Acquisition Regulation (FAR) regime. However, the state-level procurement landscape presents ...

Design-Bid-Build v. Guaranteed Maximum Price Contracting: The Basics for Owner's Counsel James E. Hughes, a partner at Hancock Estabrook, provides a brief framework for understanding procurement of ...

If your business has been trying to make its mark in the higher education market, understanding how procurement works can be a game-changer. That’s why we’re diving into the purchasing landscape of ...

STARKVILLE, Miss.—Mississippi State’s Department of Political Science and Public Administration now offers a certificate program for graduate students that bridges theory and practices in the field of ...

As the cloud increasingly dominates both public and private sector operations, its impact on procurement has become a topic of focus in recent years. According to experts in the field, migrating to ...

When participating in a government procurement process, understanding the rules governing bid protests is crucial. For contractors engaging with the Metropolitan Washington Airports Authority (MWAA), ...