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Why contractor pricing misconduct seems to endure perpetually

Federal News Network

The company is under Justice Department investigations for defective pricing, foreign bribery and violations of the Arms Export Control Act. The Justice Department filed, I think, 500 false claims Act cases in 2023. And I don’t believe we’re using that power effectively to drive the best prices. Tom Temin Right.

Price 59
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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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SmallGovCon Week in Review: April 22-26, 2024

SmallGovCon

In federal government contracting news this week, be sure to check out the stories about the new sustainability rules (and our recent blog ), as well as new legislation on solicitation language and buying technology.

Buyers 105
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How to Bid on Government Jobs: A Practical Guide

Select GCR

Moreover, understanding the procurement processes of government agencies can significantly enhance your marketing efforts, allowing you to tailor your strategies to meet the unique needs of these major buyers. Government agencies as major buyers The U.S.

Bidding 52
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Was UK’s Covid PPE procurement even worse than we thought? New analysis raises more red flags

Open Contracting Partnership

Here is Colombia setting up an open framework to better connect buyers and sellers in an orderly and transparent manner. Meanwhile, Germany used buyers lists with specified maximum prices as another effective tool. The market is disrupted, buyers and suppliers urgently need to connect.

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The Contents of the ICCA Awards Series, Volume I (2023), Upload 2

Kluwer Arbitration

Six unpublished awards rendered under the auspices of the International Chamber of Commerce are now available on the KluwerArbitration database, as part of the 2023 volume of the ICCA Awards Series.

Buyers 52
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Public procurement (entry for an Encyclopaedia)

How to Crack a Nut

However, as the pervasive abuses of direct awards under the emergency conditions generated by the covid pandemic evidenced in virtually all jurisdictions, dispensing with those requirements, checks and balances comes with a very high price tag for taxpayers in terms of corruption, favouritism, and wastage of public funds.