Remove 2022 Remove Negotiation Remove Price Negotiation
article thumbnail

Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

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. We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits.

article thumbnail

Friday Flash 06/07/2024

The Coalition for Government Procurement

Off the Shelf : A Break Down of the Proposed CIRCIA Rule Townsend Bourne, Partner at Sheppard Mullin , joined Off the Shelf to share her insights regarding the Cybersecurity and Infrastructure Security Agency’s (CISA’s) proposed rule implementing the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA).

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Brief Primer on the Impact of a Federal Government Shutdown

Government Contracts Legal Forum

trillion dollars in fiscal year 2022 which amounted to approximately 25% of total gross domestic product. federal government shutdown can have serious consequences because of the size of federal spending and its impact on the U.S. government spent $6.27 The federal government funds over 2,200 federal assistance programs for the public.

article thumbnail

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

Procurement Notes

.” [5] Iron ore prices are down from 2021, but still above 2015-2019 averages. “In In September 2022, iron ore was valued at approximately 99.8 ” [6] Turning to labor costs, BLS’ July 2022 Employment Cost Index (“ECI”) revealed that “[c]ompensation costs for private industry workers increased 5.5 percent.” [7]

article thumbnail

Friday Flash 08/16/2024

The Coalition for Government Procurement

This ruling follows the Court’s August 2022 decision in Hydraulics Int’l (discussed in a previous Legal Update ) finding jurisdiction over a prototype OT competition when a follow-on production contract was contemplated. The negotiated pricing is the first in a series that will be conducted through the Medicare Drug Price Negotiation Program.

article thumbnail

Friday Flash 02/23/2024

The Coalition for Government Procurement

A firm that self-certified as small for the Seaport-NG contract was acquired on November 9, 2022, and no longer small on the date of submission of its quote for the RFQ (November 29, 2022). SIZ-6178 (2022). [7] Data in the tool currently covers fiscal year (FY) 2022 spending and estimated obligations for FY23 and FY24.

article thumbnail

Friday Flash 02/16/2024

The Coalition for Government Procurement

In May 2022, the Court of Federal Claims ordered GSA to amend the solicitation and allow offerors to resubmit proposals. million megawatt hours annually through the eventual solicitation, which would amount to approximately 5 percent of the government’s fiscal year 2022 electricity consumption. SIZ-6178 (2022). [7]

Price 52