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and its subsidiaries will pay $5 million to settle charges that they violated the False Claims Act (FCA) “by falsely overstating cost or pricing data included in a subcontract proposal for work under a contract with the U.S. The government alleges that Merrill’s misconduct occurred in 2010 when its subsidiary Merrill Tool and Machine, Inc.
Despite negotiations, GBO notified CAI that the agreement was terminated, alleging several breaches. Unlike a cartel agreement with the intent of raising prices, vertical agreements may require careful analysis to ascertain whether they are actually anticompetitive.
Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%
In fiscal year (FY) 2023, set-aside awards accounted for 65% of contracting dollars awarded to small businesses, the highest percentage since data became available in 2010. But at the same time, SBA said in 2022 that agencies since 2010 have seen about a 40% decrease in the number of small businesses receiving prime contract awards.
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7
2305(b) , and FAR 6.401(b) , it is apparent that the term implies competitive negotiation source selection procedures, as typified by FAR Part 15 but not necessarily limited to FAR Part 15. [19] The Competitive Negotiation in a Trojan Horse The 2020 U.S. 224, 231 (2010); 10 U.S.C. . § 3703 , 10 U.S.C. 96-1 CPD ¶ 225, at 2 (Mar.
View from Main Street: Size Recertification Confusion Updates on Timely Topics Impacting the Government Contracting Industry from Vice President of Acquisition Policy, Ken Dodds Historically, the length of government contracts did not exceed five years and size was determined at the time of offer (including price) for the contract.
These include: (1) negotiations only with the best suited offeror (i.e., the apparent successful offeror); (2) use of the highest rated offeror best value methodology; and (3) the determination of a fair and reasonable price. These issues may include technical and price.
In coming years, given the age of many investment treaties currently in place, Gore predicts dynamic treaty negotiations in the region, alongside development of Model BITs reflecting the countrys negotiating position. Kyrgyz Republic , a $15 million award used price-to-book methodology instead of discounted cash flow analysis.
It said agencies since 2010 have seen about a 40% decrease in the number of small businesses receiving prime contract awards. The small business specialist should notify the PCR for any non-set-aside order over a threshold negotiated between the agency and SBA,” the memo added. SBA highlighted this problem in May.
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