The Value Standard
Federal Contract Reviews Will Ask Six Questions, None on Results
Federal buyers must review their schedule purchase agreements in writing every year. Under the acquisition overhaul that review is going from three items to six, and none asks what the purchase produced.
Read MoreAccounting Rule Makers Are Cutting a Test of Whether Deals Worked
The International Accounting Standards Board proposed that companies disclose whether an acquisition met the targets they set on the day they bought it, and that is the line now proposed for removal.
Read MoreHow Your Vendors Will Respond to a Request for Value
The objections are predictable, a few of them are fair, and the vendor with real results has the most to gain from the page.
Read MoreUK Buyers Now Rate Suppliers Publicly, With No Way to Compare
Public buyers in the UK now rate their suppliers every year and publish the verdict for the next buyer. The register that would let that buyer compare ratings is still described in the future tense.
Read MoreAI Token Pricing: The Seller Sets Both the Price and the Quantity
The list price of the leading model fell by about a fifth while it spends roughly three times the median number of tokens to finish the same work, and only one of those numbers was in the announcement.
Read MoreRewritten US Federal Quality Rules Never Check the Result
The federal quality rules were rebuilt from a blank page last year. The word verify appears three times in them, and none of the three asks what the purchase was supposed to produce.
Read MoreNinety Days to Prove AI Value
An analyst firm has put a deadline on proof, and nothing in the advice says where the claim being tested comes from or whose words it is written in.
Read MoreThe Vendor Wrote Your Business Case. Nobody Ever Added It Up.
Economics set value in use aside in 1776, and sellers picked it up around 2003, which left the buyer with no instrument of its own.
Read MoreThe NHS Standard for Buying Medical Tech Never Checks Results
The Department of Health and Social Care published a national standard for value in medical technology in June. Every mandatory line in it is about weighting a tender, and the word verify appears nowhere.
Read MoreA US Executive Order Demands ROI but Assigns No One to Prove It
Executive Order 14402 exists to achieve demonstrable returns on investment. Every duty it creates lands before the solicitation goes out, and nobody is assigned to establish afterwards that the return arrived.
Read More