Dulles, Virginia-based contract management software provider Unison has purchased FARclause.com, a Federal Acquisition Regulation compliance platform, for an undisclosed sum.
Unison said Monday FARclause.com helps government contracting professionals extract and validate clauses from contracts and requests for proposals, analyze risks and identify clauses that should flow down to subcontractors from prime contractors.
The company will continue to run and combine the FARclause service with its Contract Lifecycle Management platform to enable GovCon firms to comply with government reporting requirements.
“Increasingly, large government prime contractors are seeking to deepen their understanding of the clauses that are in their contracts and to mitigate associated risks.” said Bill Schroeher, director of Unison CLM.
“FARclause delivers this capability. When combined with CLM’s standardized contract workflows and dashboards for audit and data call reporting, GovCons can streamline and automate all aspects of managing awards,â Schroeher added.