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Congresswoman blasts GSA for purchasing Chinese tech

Federal News Network

You can't be asking for the American taxpayer to make even greater public investments while you continue, in some cases, to goose your stock prices through stock buybacks, deferring promised capital investments," Del Toro said. The fiscal 2022 defense bill required the Pentagon to submit a report laying out the details of implementation.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

Failed competitive tenderswhich previously offered a loophole for buyers to resort to direct awardshave dropped from 52% of the value of public tenders in 2018 to around 3% in 2022 to 2024. This undermines business confidence, leading to low competition and higher prices for goods and services. trillion tenge (US$25.1

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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. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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As the Acquisition World Turns: OFPP turns heat up on primes

Federal News Network

The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. But over the last five years, the number of task and delivery order protests ranged from a high of 417 in 2020 to a low of 344 in 2022. million from $4.5

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Saving the planet through procurement: Governments are identifying ways to use purchasing to achieve and support sustainability goals

American City & Country

This report encouraged governments big and small to improve the “environment content” of their purchasing policies. As environmental issues have become more important to governments and administrations within the last few decades, it has gotten easier to identify ways to leverage purchasing to support these goals.

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FBI, DCIS raid Carahsoft headquarters

Federal News Network

million to settle allegations that it misrepresented their commercial pricing practices and overcharged the government on VMware software products and related services purchased under the General Services Administration schedule. In 2015, the company and VMWare agreed to pay a fine of $75.5

Collusion 144
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NDAA amendment to give more authority to DoD components to buy cyber products

Federal News Network

The Senate Armed Services Committee has introduced an amendment that would give the Defense Department components more authority to purchase alternative cybersecurity products and services. The components can also procure cyber services independently if the DoD CIO office approves the purchase.