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Contract Management – News, Views, and Analysis
December is a time for celebration world-wide. During the holiday season, our thoughts turn gratefully towards family and friends. We would like to wish you and your family our sincerest well wishes this December. May the season be filled with joy and happiness for all.
Thanksgiving is upon us and tradition dictates going around the table before the big meal to give thanks for the many blessings and good fortune in our lives. While we won’t be joining you for dinner, we would be remiss not to take a moment to personally extend our gratitude.
On November 11, we will celebrate Veterans Day by honoring the service of all American military veterans. The holiday was originally celebrated as Armistice Day, to remember the end of World War I at the 11th hour of the 11th day of the 11th month of 1918. Following World War II, Congress expanded the holiday to recognize all military veterans and officially changed the name to Veterans Day in 1954.
Compusearch extends a heartfelt appreciation to all U.S. Veterans past and present and we sincerely thank you for your service to our country.
Compusearch® announced today the completion of the acquisition of reverse auction marketplace provider FedBid, Inc. FedBid will continue to operate under its own brand.
As summer moves toward a close, we wish you and your family a safe and joyful holiday weekend.
If you'd like to learn more about Labor Day, please peek at the summary below (courtesy of the Department of Labor).
After taking a few hours to thoroughly read BT’s extensive report, we've identified 5 vital take-aways:
- After assisting with hundreds of audits, investigations and legal disputes, BT noted that in almost all cases poor contract management (CM) was the root cause of the problems. Conversely, BT notes that “well-executed CM practices mitigate the risk of costly audits, investigations, and liability while boosting contractor’s bottom line.”