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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 pricenegotiations significantly. [4] 4] TINA is intended to “level the playing field” by providing Governmentnegotiators the same cost or pricing data available to contractors.
Within this timeframe, the FAR Council would also be required to issue regulations creating standard solicitation provisions and contract clauses applicable to artificial intelligence acquisitions. 1] LS3, LLC v United States, Court of Federal Claims, December 14, 2023. [2] 2] 13 CFR 125.18(b)(2)(ii). b)(2)(ii). [3] 4] 89 FR 2910.
GAO Reports on Federal Website Modernization Efforts On October 1, the Government Accountability Office (GAO) released a report on the implementation of the 21st Century Integrated Digital Experience Act (IDEA Act) from 2018 to 2023. In December 2023, reporting requirements for the IDEA Act sunsetted. NW, Washington, D.C.
Don’t Miss the 2024 FPS GovernmentContracts Year in Review! For over four decades, this industry-leading conference has been the essential gathering for governmentcontracting professionals. We would like to thank Riley Flewelling, for their contribution to this alert. [1] NW, Washington, D.C.
million federal employees who will be directly impacted in some way by a federal government shutdown with the majority facing a furlough of an undetermined length. federal governmentcontracts signed every year and they may be impacted by a shutdown. Finally, the federal government spends approximately $1.2
The solicitation, issued pursuant to the Army’s OT authority under 10 U.S.C. §§ 4021 and 4022, contemplated award of a follow-on production contract to one of the two vendors that submitted successful protypes. On September 20, 2023, the Army awarded the follow-on production contract to Taylor Defense Products, LLC.
New GSA Video on Alliant 3 Draft RFP On February 21, GSA posted an Interact notice with a video explaining three areas of the second Alliant 3 Draft Request for Proposal (RFP), which was published on December 8, 2023. 14110″), issued on October 30, 2023, which directed the Department to propose regulations for U.S.
Jay Blindauer A contractor takes on a Governmentcontract to make money, and inflation is getting in the way. Inflation is generally down from 2021, but is still high in too many places, and is expected to persist in 2023. With inflation eroding value for this long, a Government contractor may need to obtain contract relief.
Before the new proposal deadline in November 2023, two additional protests were filed with GAO, which were later dismissed on February 5 of this year. The statutorily required study found that as of September 30, 2023, the VA had obligated roughly 98.6 SIZ-6258 (2023). [5] 88 FR 26164. [3] 4] Size Appeal of Forward Slope, Inc.,
These include: (1) negotiations only with the best suited offeror (i.e., the apparent successful offeror); (2) use of the highest rated offeror best value methodology; and (3) the determination of a fair and reasonable price. Jun 2023). [11] 4] See Innovative Management & Technology Approaches, Inc., B-418823.3 (Jan
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