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This session will begin with an introduction to Enterprise Risk Management (ERM). ERM was introduced after the failure of large corporations such as ENRON and WorldCom. Traditional risk management is concerned with an organization’s pure risk, primarily hazards. ERM was developed to manage all of an organization’s risks, including operational, financial, and strategic. Procurement, either public or private, plays a major role in managing these risks.
Transform your leadership style: learn to coach and inspire others to achieve results.
This session will focus on insurance regulation at the federal and state level, and why it is important for the procurement professional to understand regulation. Procurement works hand-in-hand with the agency risk manager and a shared understanding of terms will assist in more efficient enterprise risk management (ERM).
From Entry to Excellence
Whether you’re just getting started in public procurement, or you’re veteran who needs a little refresher on the fundamentals so you can move into a management role, you can’t afford to miss NIGP VCON 2024.
From Entry to Excellence
Whether you’re just getting started in public procurement, or you’re veteran who needs a little refresher on the fundamentals so you can move into a management role, you can’t afford to miss NIGP VCON 2024.
Areas of risk analysis in procurement falls into two categories, strategic, and operational, and may arise from internal or external sources. The entity must consider and address procurement risks that may impact the entities strategic plan.
Surety bonds play a crucial role in government procurement by mitigating the risks associated with contracting projects, ensuring accountability, and protecting taxpayer funds. They provide a level of assurance to the government that projects will be completed as agreed upon and that all parties involved will be fairly compensated. Surety bonds are a type of financial guarantee that ensures contractual obligations are fulfilled. In government procurement, surety bonds serve as a form of protection for the government and taxpayers against financial loss due to contractor default or failure to meet contractual obligations.
This session will focus on the different forms of bid security and how each may impact the contract and the due diligence that needs to take place prior to awarding a contract.
This session will assist the student in understanding what the contractor and surety consider when the underwriters make determinations regarding issuing any type of bond.
Fuel your professional growth at NIGP Forum 2024!
Earn up to 24 contact hours, whether you join us in person or virtually. All sessions are recorded and available on-demand, so you can catch up on missed content or revisit key takeaways at your convenience.
Fuel your professional growth at NIGP Forum 2024!
Earn up to 24 contact hours, whether you join us in person or virtually. All sessions are recorded and available on-demand, so you can catch up on missed content or revisit key takeaways at your convenience.
Fuel your professional growth at NIGP Forum 2024!
Earn up to 24 contact hours, whether you join us in person or virtually. All sessions are recorded and available on-demand, so you can catch up on missed content or revisit key takeaways at your convenience.
Fuel your professional growth at NIGP Forum 2024!
Earn up to 24 contact hours, whether you join us in person or virtually. All sessions are recorded and available on-demand, so you can catch up on missed content or revisit key takeaways at your convenience.
Cowan Civic Center Subfacility Mills Center
MAPP Professional Development Day
Chateau on the Lake Resort Spa & Convention Center
2025 MAPP Conference Beyond Boundaries: Transforming Public Procurement
Chateau on the Lake Resort Spa & Convention Center
2025 MAPP Conference Beyond Boundaries: Transforming Public Procurement
The Chateau on the Lake, Branson MO
2025 MAPP Reverse Vendor Fair and Sponsor Opportunities
Chateau on the Lake Resort Spa & Convention Center
2025 MAPP Conference Beyond Boundaries: Transforming Public Procurement
The Chateau on the Lake, Branson MO
2025 MAPP Reverse Vendor Fair and Sponsor Opportunities