Common Language, Better Contracts: NCMA’s Mission to Modernize Government Procurement
The NCMA is working to modernize government procurement by using standardized terminology in federal contracting. This effort aims to unlock savings and reduce procurement delays, ultimately making the process more efficient. Bernadette Bulacan discusses this initiative with Kraig Conrad, emphasizing AI and digital transformation as key elements.
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Key takeaways
Standardized terminology can significantly reduce costs and delays in government procurement.
The NCMA's Better Contracting Initiative focuses on improving early-stage collaboration.
AI and digital transformation present opportunities to enhance strategic contract management.
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As the complexity of federal contracting deepens with each new regulation, executive order, or technology shift, agencies are searching for clarity and cohesion. With AI and digital transformation taking center stage across public and private sectors alike, the stakes have never been higher—especially when it comes to making taxpayer dollars count. According to the U.S. Office of Management and Budget, inefficient procurement practices can cost the government billions each year. As policy demands increase and the workforce landscape shifts, contract managers are being asked to do more—with smarter tools and shared understanding.
So how can the government's acquisition community build more transparent, agile, and outcome-driven contract processes in today's rapidly evolving environment?
In this episode of Fast Track by Icertis, Chief Evangelist Bernadette Bulacan sits down with Kraig Conrad, CEO of the National Contract Management Association (NCMA), to explore the evolving role of contract professionals and the tools they need to thrive. The conversation spans critical themes like the Better Contracting Initiative, workforce modernization, and the ambitious push for a "common language" in contracting.
The ambitious push for a "common language" in contracting.
- Kraig Conrad introduces the NCMA's Contract Management Standard (CMS) as a foundational tool for aligning federal and commercial procurement language and practices.
- The Better Contracting Initiative is helping agencies improve early-stage collaboration across acquisition teams to drive better outcomes.
- AI and digital transformation, while still unevenly adopted, offer vital opportunities to reduce compliance burdens and refocus talent on strategic goals.
Kraig Conrad is the CEO of the National Contract Management Association, where he leads efforts to elevate the profession through education, certification, and standards development. Under his leadership, NCMA has grown its community to nearly 100,000 participants and has led the adoption of ANSI-accredited standards. Kraig holds leadership experience across professional associations and is a prominent voice in the government contracting space.
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