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Gen Digital Pays $55 Million False Claims Act Judgment Following Whistleblower Suit and Trial

Whistleblower Network News

Following a four-week bench trial, Gen Digital was found liable “for making knowing false claims to the United States when it mispresented its commercial sales practices during the negotiation and subsequent performance of a General Services Administration (GSA) contract,” according to the government.

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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. 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.

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GSA closes in on enterprisewide software deal with Microsoft

Federal News Network

When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. Currently, prices routinely vary up to 20% for the same software across agencies, OMB wrote in its fact sheet about BCI in 2023.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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per cent in January 2023, down from 9.2 Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. Eurozone annual inflation was down 8.5 per cent in the previous month.

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The benefits of ‘best value’ for small businesses in the federal market

Federal News Network

The number of small businesses participating in the Federal market has plummeted in the last decade, and this downward trend continued in 2023. For example, in contract negotiation some contracting officers request invoices for every item, requiring offerors to provide invoices for millions of products.

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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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Whistleblower Receives $900,000 for Alleging Army Contracting Fraud

Whistleblower Network News

and its subsidiaries will pay $5 million to settle charges that they violated the False Claims Act (FCA) “by falsely overstating cost or pricing data included in a subcontract proposal for work under a contract with the U.S. Department of the Army.” Army’s Tank Automotive Command (TACOM).

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