The contracting future with AI, FAR/DFARS regulatory updates, and the applicability of federal requirements on nonprofits, state, and local governments are a few trending topics that LBG’s Dan Vest looks forward to discussing at NCMA World Congress.
The event, which takes place in Nashville on July 23 – 26, brings together the contract management, acquisition, and procurement community to forge powerful partnerships and advance opportunities for success.
“I hope to gain knowledge and an understanding of how the DoD is automating contracting tasks by teaching AI to read and summarize documents and training ChatGPTs to help DoD contracting officers,” says Mr. Vest. “I would like to understand the existing bots for the Digital Operational Resilience Act (DORA) that was passed in the EU, Equal Employment Opportunity verification compliance, Section 889 compliance, procurement data standards, and other areas that the DoD is exploring.”
AI applications are an exciting innovation, and Mr. Vest is excited to learn more about how this technology is shaping the future of the industry.
“Pilot tests of AI have been utilized across different federal agencies to augment contracting professionals’ abilities to automate administrative tasks to expedite processes and reduce the time and effort associated with managing contracts, analyzing contract data to identify trends and patterns, providing insight on contract performance, and allowing agencies and companies to make more informed decisions,” he says. “Although AI in contracting functions is in its infancy, it can be a valuable tool for government contractors to increase capabilities and efficiencies in contract compliance and subcontract management.” Mr. Vest has more than 15 years of progressive experience in finance, contract and grant administration, procurement, audit control, and oversight of policies and procedures as they support a centralized procurement process. He has primarily worked for public and private higher education research institutions as well as for local government for a wide range of programs funded by multiple federal agencies, including NSF, NASA, DOD, DARPA, ONR, NIH, EPA, DOT, CDBG, and DOE. He has experience developing and issuing solicitations and proposals, negotiating terms and conditions in accordance with government regulations, and executing contracts and grants.
NCMA World Congress is the nation’s leading training event for contract management, procurement, and acquisition professionals.
To learn more, visit https://ncmahq.org/Web/Web/Events/World-Congress.aspx.