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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

According to Deltek’s 2022 Government Contracting Industry Study , in 2021, “[m]edian profit margin was higher (15%) compared with what has been observed since 2012 (6-10%).” [10] 34] And DFARS 252.216-7000(e) gives the Contracting Officer the option of terminating the cost-increase-impacted portion of the contract/order. [35]

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Bid Protest High Season Is Coming – A Reminder About the Need for Fast Decisions

Government Contracts & Investigations

The end of the Fiscal Year is upon us, which typically coincides with a flurry of procurement activity and then a wave of bid protests. As most of you know, there are three primary fora for bid protests: procuring agencies, the Government Accountability Office (GAO), and the Court of Federal Claims (COFC). FAR 33.103(e).

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GAO Bid Protests: Required Debriefings

Procurement Notes

13] However, to be clear, the predicate for this being the case is that the procurement must rely upon the debriefing provisions of FAR Subpart 15.5—such 15] Not For All Procurements Just as important as knowing how to get a required debriefing is discerning what is not a required debriefing. 2305(b)(6)(A) and 41 U.S.C.

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Friday Flash 10/27/23

The Coalition for Government Procurement

Effective communication between government officials and industry partners is of paramount importance in fostering a thriving procurement landscape. The comments herein do not necessarily reflect the views of The Coalition for Government Procurement. government should be careful in its procurement and use of these tools.

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Real Discussion of the COVID-19 Vaccine Mandate for Contractors and Subcontractors

Procurement Notes

This compliance headache is shared by procuring Agencies, prime contractors, subcontractors, and supply chain vendors, among others. 14,042 is being implemented by each procuring Agency developing its own FAR Subpart 1.4 33] On October 8, 2012 , Department of Interior issued its FAR deviation. [34] the “Vaccine Mandate”).

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Government Contracts Issues for a Recession

Procurement Notes

The Federal Government’s procurement spend in FY2023 was $765 billion ($470 billion for defense agencies), [106] and most of the procurement spend was discretionary spending. So, given that discretionary spending is more likely to be cut than mandatory spending, procurement spending cuts will be part of any significant budget cuts.

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Government Contracts Inflation Update

Procurement Notes

Since at least January 2012, the Federal Reserve System’s Federal Open Market Committee (“FOMC”) has maintained that a 2% inflation rate is optimal for maximizing employment and keeping prices stable. [6] 31] Generally speaking, the PCE is based on the national income and product accounts (“NIPA”) data which BEA uses to determine GDP. [32]