Remove 2016 Remove Negotiation Remove Price
article thumbnail

Price Reasonableness Analysis: A Bid Evaluation Stage in Public and Project Procurement

The Procurement ClassRoom

Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.

article thumbnail

GSA closes in on enterprisewide software deal with Microsoft

Federal News Network

But OFPP believes the time is ripe to reduce price variance, secure most favorable terms and conditions and improve the federal cyber posture. Currently, prices routinely vary up to 20% for the same software across agencies, OMB wrote in its fact sheet about BCI in 2023. GSAs optimism for this time is based on several factors.

article thumbnail

FAR & Beyond: GSA’s TDR Expansion – The Journey Continues

Federal News Network

Over the course of the next year, GSA engaged in the public rule-making process, culminating in a 2016 final General Services Administration Acquisition Regulation (GSAR) rule implementing TDR for certain MAS Special Item Numbers (SINs). Small businesses generated stronger growth under TDR than small businesses under MFC pricing.

Price 59
article thumbnail

GSA’s TDR Expansion – The Journey Continues  

The Coalition for Government Procurement

Over the course of the next year, GSA engaged in the public rule-making process, culminating in a 2016 final General Services Administration Acquisition Regulation (GSAR) rule implementing TDR for certain MAS Special Item Numbers (SINs). Small businesses generated stronger growth under TDR than small businesses under MFC pricing.

Price 45
article thumbnail

Pakistani Energy Sector Parties Challenge Arbitration Awards in the English High Court on the Grounds of ‘Serious Irregularity’

Kluwer Arbitration

The underlying dispute concerned unpaid invoices under a Gas Supply Agreement (‘ GSA ’) entered into by the Parties in 2016 for the purchase of Regasified Liquefied Natural Gas (‘ RLNG ’) from Sui Northern Gas Pipelines (‘ SNGPL ’). These are important considerations for contracting parties negotiating the seat of arbitration in any contract.

article thumbnail

Guiding Cases 199-201 Issued by the PRC Supreme People’s Court—Further Steps Toward a Pro-Arbitration Regime

Kluwer Arbitration

Article 3 of the Announcement strictly prohibits any financial institutions operating in China from offering cryptocurrency-related services, including pricing, intermediation, or engaging in the buying or selling of cryptocurrency. In the authors’ view, that remains an open question. As a case in point, in Sun Dingshang v.

Price 59
article thumbnail

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

Procurement Notes

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