The U.S. Navy awarded a combined $990 million contract to 12 companies for the procurement of construction services in support of the Pacific Deterrence Initiative ...

A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...

Naval Facilities Engineering Systems Command, or NAVFAC, Pacific has awarded eight companies spots on a potential eight-year, $15 billion multiple-award contract to provide construction services in ...

Who doesn’t want to have a detailed and coherent construction agreement in place on every job? It minimizes confusion, makes clear everyone’s respective responsibilities and should reduce disputes.

A competitive contract is any contract that opens a bidding process, or competition, wherein the winning entity is awarded the contract. These types of contracts are usually awarded by public agencies ...

Contracts should be sent to OGC for review ONLY if they fall into one of the following categories: If you are unsure if your contract falls under this category, please reach out to OGC Contracts DO ...

The average business manages between 20,000 and 40,000 contracts at any given time. With that kind of volume, and the risk of compounding inefficiencies in time and cost, firms simply can't afford to ...

Artificial intelligence technology that can produce various types of content including text, imagery, audio and synthetic data – generative AI – has taken the world by storm with the recent rollout of ...