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Whistleblower Receives $900,000 for Alleging Army Contracting Fraud

Whistleblower Network News

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.

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Whistleblower Reportedly Involved in CFTC’s $3 Million Action Over Oats Futures Manipulation

Whistleblower Network News

over allegations that the Minnesota-based company attempted to manipulate the price of oats futures contracts. Since the CFTC Whistleblower Program was established in 2010, whistleblower tips have allowed the CFTC to recover over $3 billion from fraudsters. Ceres agreed to pay a $3 million penalty to settle the charges. “If

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OMB Memo on Increasing Small Business Participation on Multiple-Award Contracts

Federal News Network

The rule of two provides that if the contracting officer reasonably believes that two or more small businesses can perform the work at a fair price, competition shall be limited to small business. The courts and GAO are split on the interpretation of the 2010 statutory language, and Congress has not acted to further address the question.

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Government Contracts Cost and Pricing: Allocation of Direct and Indirect Costs

Government Contracts & Investigations

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part series on the Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. 38] CAS 418-60(d). [39]

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OMB Memo on Increasing Small Business Participation on Multiple-Award Contracts

The Coalition for Government Procurement

The rule of two provides that if the contracting officer reasonably believes that two or more small businesses can perform the work at a fair price, competition shall be limited to small business. The courts and GAO are split on the interpretation of the 2010 statutory language, and Congress has not acted to further address the question.

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Friday Flash 11/08/2024

The Coalition for Government Procurement

This year’s tables include: November 20: GSA MAS PMO GSA Pricing Tools Medical/Surgical Supply BPAs SAM.gov PMO VA Federal Supply Schedule (FSS) November 21: VA FSS View the agendas for more details. Requests for transparent pricing across the AI lifecycle. Thank You Sponsors !

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Open government procurement drives innovation using the cloud

AWS Public Sector

In 2010, 80 percent of government IT work was undertaken by 18 suppliers. ChileCompra expected savings of 10 percent : As of 2021, the new framework led to average savings of 28 percent compared to market prices. Previously, these typically small-to-medium-sized startup suppliers faced barriers such as annual turnover totals.