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Top Pricing Execs to Watch in 2024: HII Mission Technologies’ Fred Avila

WashngtonExec

Fred Avila Vice President of Pricing Solutions, HII Mission Technologies Fred Avila is the vice president of pricing solutions at HII’s Mission Technologies division, which reported $2.7 billion in revenues in 2023 — a 13% increase over 2022. Mission Technologies now accounts for nearly 25% of HII’s revenues.

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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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What is fair and reasonable: GSA’s proposed economic price adjustment clause

Federal News Network

On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.

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What is Fair and Reasonable: GSA’s Proposed Economic Price Adjustment Clause 

The Coalition for Government Procurement

On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”

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GAO Bid Protest Activity In Fiscal Year 2023 – Increases In Protests And Sustains

Public Contracting Institute

The Government Accountability Office (“GAO”) released its annual bid protest report to the Congress for fiscal year 2023 on October 26, 2023 (B-158766). The GAO sustain rate increased substantially from 13 percent in FY 2022 to 31 percent in FY 2023. GAO’s two year average sustain rate in FY 2022-2023 was 22 percent.

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Inflation Adjustments for Defense Contractors Under Section 822 of the 2023 NDAA

The Contractor's Perspective

Section 822 of the 2023 National Defense Authorization Act, Public Law No. 23, 2022) provides new authority for some defense contractors and subcontractors to obtain price increases that address the impacts of inflation. Guidance implementing the authority granted by section 822 is due by March 23, 2023. 117-7776 (Dec.

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Bid Protest Hub – November 2023

Government Contracts & Investigations

Since the beginning of Fiscal Year 2024, the Government Accountability Office has published 35 decisions, but only two of which resulted in decisions sustaining the challenge. 2] This procurement utilized a lowest priced technically acceptable source selection methodology. 1, 2023, 2023 WL 8060261. [2] In RELX, Inc. ,

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