A Maryland board has approved a $149,000 contract to hire a contractor to study the state's procurement process for contracts.
The Board of Public Works voted 3-0 on Wednesday for a six-month contract with Treya Partners to conduct the study.
Treya Partners will examine the state's procurement laws with an eye toward improving the process. The management consulting firm has conducted similar studies in Oklahoma, Colorado and Oregon.
The Board of Public Works consists of Gov. Martin O'Malley, Treasurer Nancy Kopp and Comptroller Peter Franchot.
O'Malley announced in July that he wanted to bring in a consultant to examine Maryland's procurement process after repeated problems state agencies have experienced in bidding out for services over the years.
The Board of Public Works voted 3-0 on Wednesday for a six-month contract with Treya Partners to conduct the study.
Treya Partners will examine the state's procurement laws with an eye toward improving the process. The management consulting firm has conducted similar studies in Oklahoma, Colorado and Oregon.
The Board of Public Works consists of Gov. Martin O'Malley, Treasurer Nancy Kopp and Comptroller Peter Franchot.
O'Malley announced in July that he wanted to bring in a consultant to examine Maryland's procurement process after repeated problems state agencies have experienced in bidding out for services over the years.
Read more: http://www.wbaltv.com/news/politics/Panel-OKs-contract-to-study-procurement-process/-/9379266/17406102/-/bol22g/-/index.html#ixzz2CEqN9Jwn
Treya Partners are at http://www.treyapartners.com/index.html
ReplyDeletePublic Sector
Key State Government Imperatives - Improving Efficiency and Increasing Accountability
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Spend Analysis
The first step in saving money through strategic sourcing is to fully understand an organization’s spending with external vendors, not through an accounting perspective (as in a typical General Ledger based classification), but from a procurement categorization view. Treya’s comprehensive spend analytics approach consolidates spend data from disparate sources (including A/P systems, P-cards, e-Procurement systems, etc.), accurately maps transaction level data to a proprietary procurement categorization schema, and ultimately builds a comprehensive spend profile. The spend profile and accompanying analytics identify and help quantify and prioritize opportunities and lead to the development of a sourcing road-map for data-driven strategic sourcing and supplier rationalization activities.
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Our approach typically includes an up-front spend analysis that builds a comprehensive understanding of the organization’s spending with external vendors and enables the development of a data-driven sourcing roadmap highlighting the savings opportunity. Our strategic sourcing techniques are uniquely tailored to the public sector procurement environment and prioritize stakeholder management and balance savings maximization with meeting key public sector procurement requirements. Post strategic-sourcing our approach focuses on implementation, compliance and savings monitoring, and contract and vendor management through a unique set of tools and techniques. We also provide procurement transformation services which effectively analyze all facets of procurement (organization, procurement code and rules, processes, technology, and strategy) and help develop an implementable road-map for transformation to a best-in-class procurement organization.
"a comprehensive analysis of the organization's spending." uh oh!