Finance

Procurated, a procurement marketplace for state and local agencies, has officially launched its Canary supplier review tool after a quiet debut. The company’s CEO discusses the thinking behind the product’s design.

This is the first acquisition for OpenGov since Cox Enterprises took control of the company in a February deal that valued the gov tech firm at $1.8 billion. OpenGov plans a new suite of tax and revenue products.

As suspected Wednesday, bad actors are to blame for taking computers in the state’s Bill Drafting Commission offline. The incident is further delaying production of the already-late state budget.

The procurement software vendor could soon have a bigger presence in local contracting, according to the CEO. The funding comes among other changes for companies in procurement.

The two gov tech vendors have built a large online library of public contracts. The goal is to make it easier for suppliers and public agencies to study and evaluate contracts, and craft the best deals.

A recent survey confirms that government employees are increasingly turning to online platforms like LinkedIn to vet potential vendors. A poorly optimized personal profile could cost a vendor valuable contracts.

The cloud-based software can help public agencies better align their strategic visions with capital, operational and personnel budgets. The move comes at a busy time for the rebranded gov tech vendor.

The move, made during "Sunshine Week," could help suppliers learn more about contracting trends, and citizens to keep track of procurement trends. The launch comes amid a large procurement acquisition move.

Australia-based Pulse focuses on public-sector human resources management. Springbrook will use the tech to help local governments better manage hiring and onboarding, in a time of gov tech staffing shortages.

Cox Enterprises’ investment caps a busy fourth quarter for OpenGov — and makes it one of just a few gov tech companies with a value of $1 billion or more. Plans are for its workforce and leadership to remain in place.

When innovation needs a boost, advance market commitments are a tool that not only secures value for taxpayers but also fosters environmental sustainability and economic development.

The public-sector-facing technology industry convened this week for the Center for Digital Government’s annual Beyond the Beltway event. Highlights included a forecast of how state and local government will invest this year.

The plan to upgrade Fulton County, Ga.’s internal software system is being sped up following a recent ransomware attack. Commissioners have approved a $10.2 million overhaul of the county’s internal software system.

Plus, Maine is the first state to have its digital equity plan accepted, the NTCA is calling for a more effective challenge process for the national broadband map, and more.

Members of the National Association of Counties were in Washington, D.C., to urge Congress to extend funding for a program providing subsidies to help low-income households afford broadband Internet service.

A new proposal in the state Legislature could claw back $40 million in local government cybersecurity grants. The move would be a substantial blow to the state’s Local Government Cybersecurity Grant program.

The 12-year-old company reports big recent sales gains — a reflection of larger trends in the gov tech world. A company executive also expresses skepticism about the role of private equity in the industry.

The company has bought EqualLevel, which operates a “procure-to-pay” marketplace that public agencies can use. The deal follows the rebranding of Euna and a previous acquisition that also involved procurement tech.