Remove 2023 Remove Price Remove Purchasing
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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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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.

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Software license purchases need better agency tracking, GAO says

FedScoop

Federal agencies are missing out on cost savings and making too many duplicative purchases when it comes to IT and cyber-related investments, according to a new Government Accountability Office report. There should be more concerted efforts to compare prices, the GAO stated.

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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. In 2023, GAO received more than 350 protests alone over CIO-SP4. In 2024, GAO heard 346 protests, which is down from 368 in 2023.

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

ivalua

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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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

This undermines business confidence, leading to low competition and higher prices for goods and services. All state-regulated procurement in Kazakhstan totaled US $61 billion in 2023, or 23% of gross domestic product. The total value of purchases during this period increased by 160%, reaching 12.37 trillion tenge (US$25.1