April-20176GOVERNMENT CIO OUTLOOKEDITORIALUncomplicate Contract Management Government contract management revolves around establishing and maintaining formal business relationship of federal agencies with outside vendors and contractors, as well as other public and private organizations who supply goods and services to them. While efficient contract management is central to ensuring delivery of uninterrupted services to the citizens, government contracts come with their own set of specific challenges. Be it federal, state, or local, government agencies are required to work within the confinements of stringent regulations amid tightening budgets, staff reductions and procurement pressures. These agencies have to deal with hundreds of agreements signed with contractors that need to be carefully tracked, renewed, and organized in order to comply with Federal Acquisitions Requirements (FAR). On the other hand, the contractors need to be aware that any discrepancies can result in loss of accreditation, financial penalties, and wasted resources. They need to update appropriate settlement paperwork in a timely fashion. Also, a missed deadline, which is frowned upon in the corporate world, could prove costly for contractors in the realm of government contracting.Technology holds the key to uncomplicate these scenarios by offering better control over contract management while minimizing risk. It covers the entire contract lifecycle from request to approval to expiration and renewal. The contract management tools also help meet regulations set by FAR, General Services Administration (GSA) Management, and The Office of Compliance Inspections and Examinations (OCIE).In this scenario, a host of contract management systems are flooding the market, and all promise unique services that distinguish them from the rest. While some emphasis on high customization features, others focus on affordability. Our goal with this special edition is to highlight companies that offer best-of-breed contract management solutions and help agencies and contractors navigate this complex and dynamic space effortlessly. This edition blends thought leadership from subject matter experts with real stories on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs. Send us your thoughts.Copyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.APRIL - 2017Mailing AddressValley Media, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510-402-1464, F:510-894-8405 April - 2017, volume 03 - 03 Published by ValleyMedia, Inc. Managing EditorBecky Graham Editorial StaffSalesVisualizerStephen ThomasJohn GauthamGovernment Contracting SpecialJohn Varghesejohn@govciooutlook.com510-402-1464 Aaron Pierce Eileen SinghKristine BrownAva Garcia-Joshua ParkerSarah FernandesTo subscribe to Government CIO OutlookVisit www.govciooutlook.com Becky Graham Managing Editoreditor@govciooutlook.com
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