​Restrictions on use of Forward Edge-AI Information on Bid and Proposals

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Executive Summary

The SCC bot automates the contract closeout process in Procurement Request Information System Management (PRISM), ensuring accurate contract data and compliance with the period of performance. It leverages the Liquidated Obligation Report to populate and validate the Contract Completion Statement. The bot concludes by updating a centralized record, uploading required documents and officially closing the contract.

Challenge: Manually identifying and de-obligating excess funds from contracts in PRISM is tedious, error-prone and demands significant time and effort. Reviewing Liquidated Obligation Balance Reports, verifying de-obligation criteria, and accurately populating SF-30 forms increase the risk of financial discrepancies and delays. Additionally, maintaining secure access and precise record-keeping further complicates the process and burdens administrative resources.

Solution: The Streamlined Contract Closeout bot simplifies the contract closeout process in PRISM by automating key tasks. It leverages the Liquidated Obligation Report to populate and validate the CCS, ensuring accurate contract data and compliance. The bot finalizes closeout by updating records, uploading required documents, and officially closing the contract.

Systems Used in Automation: PRISM, Excel

Return on Investment