Go-Around: Understanding the Fed's Auction Process

Go-around describes the Federal Reserve's method for auctioning Treasury securities through primary dealers, a key part of its monetary policy strategy.

Google announces a new protocol to facilitate commerce using AI agents

Google today announced a new open standard, called the Universal Commerce Protocol (UCP) for AI agent-based shopping, at the ...
WFMZ-TV

Northampton County Council overrides McClure veto on involvement in procurement process

EASTON, Pa. – During a special meeting late Thursday afternoon, Northampton County Council voted to override County Executive Lamont McClure's veto of legislation that alters the contractual ...
Newsday

Before LIPA canceled search for new grid manager, PSEG official raised concerns about its process

Thirteen days before LIPA trustees voted in May to cancel its search for a new bidder to run the electric grid and instead negotiate a contract extension with PSEG Long Island, a top lawyer for PSEG's ...
IEEE

Enhancing Procurement Performance in Project-Oriented Organizations: A Process Analysis Approach

Abstract: Efficient procurement processes are critical for successful project execution in the construction industry. This study applies process mining techniques to analyze the procurement process of ...
Bisnow

Philly Axes Race Quotas From Procurement Process Amid Federal Pressure

Philadelphia procurement contracts, which totaled about $4B last year, have long been coveted by the region's real estate and construction firms. The way they are allocated has changed dramatically.
WVEC

'Beloved by thousands' | Virginia Beach to close bidding process on purchasing of VB National golf club

VIRGINIA BEACH, Va. — This Friday, the city of Virginia Beach will close its request for proposals (RFP) for a new buyer to purchase the approximately 350 acres of land that the Virginia Beach ...
The Hill

Hegseth unveils ‘agile’ weapons acquisition reform in speech to defense industry leaders

Defense Secretary Pete Hegseth on Friday unveiled a sweeping overhaul to how the Pentagon buys weapons, a restructuring aimed at having the U.S. military more quickly acquire new technology.
Bloomberg L.P.

Hegseth Demands Firms Speed Weapons Development or Fade Away

Defense Secretary Pete Hegseth challenged major US defense contractors to speed up weapons development or “fade away” in a speech Friday before an audience of executives from major industry players ...
Reuters

Trump says China to begin process of purchasing 'American energy'

Oct 30 (Reuters) - U.S. President Donald Trump said on Thursday that China has agreed to begin the process of purchasing U.S. energy. "In fact, a very large scale transaction may take place concerning ...
Business Insider

The defense prime contractors have a new problem on their hands

US Army Secretary Dan Driscoll said the military procurement process needs an urgent overhaul. He said the military needs to "disrupt the system" that "lined the primes' pockets for so long." This ...