AWARD

AWARD® Solution, developed by Commerce Decisions, is a flexible and scalable software solution designed to facilitate optimal outcomes for complex strategic projects. According to the vendor, AWARD® guides users through the challenges of high-risk, high-value, strategic procurements. The product is suitable for organizations of all sizes that have complex procurements to run, making it relevant for procurement professionals, project managers, government agencies, defense organizations, and healthcare organizations.

Key Features

AWARD® Plan: According to the vendor, AWARD® Plan provides a highly secure, resilient cloud data environment for securely sharing and controlling the data that drives strategic projects. It supports market engagement activities and enables secure interaction with suppliers, stakeholders, and internal users. The product offers document and workflow management, robust user access and management, and clear, auditable communication.

AWARD® Prepare: The vendor claims that AWARD® Prepare supports the critical stages of procurement design to achieve the best possible outcome. It ensures that the expected outcome aligns with project objectives and assists in creating a defensible and robust set of weighted criteria for contract award. The product also helps in selecting the most appropriate value for money method and protects decisions from challenges.

AWARD® Execute: According to the vendor, AWARD® Execute focuses on the final part of procurement: evaluation and reporting. It provides structured criteria development, weighting workshops, and real value for money analysis. AWARD® Execute helps create a comprehensive set of criteria for procurement, directs stakeholders to a single version of the truth, and delivers a consensus view of requirement variables.

AWARD® Market Engagement: The vendor states that AWARD® Market Engagement supports early engagement with potential suppliers and aids in developing an accurate understanding of the marketplace. It facilitates information landscape research, information sharing, and market information management. AWARD® Market Engagement also assists in writing options reports and ensures that a project is primed for success.

AWARD® Requirements Management: According to the vendor, AWARD® Requirements Management offers tools and processes for creating robust and defensible contract award criteria. It ensures that stakeholders have a consensus view of requirement variables and provides a collaborative environment for developing requirements during the early phases of a project. The product aims to remove undue influence from independent thought and helps navigate procurement design.