The purpose of this document is to clarify the roles and responsibilities of RIT departments involved in the supplier contract review process including the department procuring the goods or services, ...

LAFAYETTE, CO - January 30, 2026 - PRESSADVANTAGE - Encore Data Products, a leading provider of audio and technology ...

For transit agencies, procurement can be one of the most challenging and transformative processes in any capital or ...

Sourcing, contracting and paying external vendors for goods and services – all of which fall under the big umbrella of procurement – are a big part of New York City government. The city spends about ...

ORANGE, Ohio -- Village Treasurer Dana Kavander says the finance department is working on improvements to its process for management of contracts to try to avoid future errors like the one that ...

Knowing what a contract bond is helps contractors, project owners, and stakeholders understand how to secure performance and payment in construction or service agreements. These bonds are common in ...

A rolling hedge is a risk management strategy that uses new options and futures contracts to replace expired ones, ensuring continuous protection for investors.

BEACHWOOD, Ohio – The city of Beachwood has paid invoices on 11 jobs to a single company without any type of bidding process in the past year, and officials say they don’t have to obey laws ...