Remove 2024 Remove Negotiation Remove Price
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Whistleblower Suit Against Lockheed Martin Leads to $29 Million Settlement

Whistleblower Network News

Department of Justice (DOJ) announced that Lockheed Martin Corporation agreed to pay $29 million to settle allegations that it violated the False Claims Act through defective pricing on contracts for F-35 military aircraft. During FY 2024, settlements and judgments under theFalse Claims Act exceeded $2.9 billion andover $2.4

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GSA closes in on enterprisewide software deal with Microsoft

Federal News Network

Considerations and discussions on the original 24 challenges are ongoing as of October 2024. But OFPP believes the time is ripe to reduce price variance, secure most favorable terms and conditions and improve the federal cyber posture. GSAs optimism for this time is based on several factors.

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Agency Could Not Accept Price Above Awardee’s FSS Price, GAO Says

SmallGovCon

If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper. B-421917.2, B-421917.2,

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4 major acquisition changes GSA is pursuing in 2024

Federal News Network

As one of three major acquisition policy changes GSA is seeking over the next year, the proposal would remove language in the schedules program that many blame for why agencies use lowest price, technically acceptable (LPTA) still too often. Koses said CICA change would help contracting officers as well as companies alike.

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New Jersey Litigation Highlights Of 2024: A Midyear Report

Government Contracts

A court's upheaval of New Jersey's longstanding "county line" ballot layout for the Democratic primary fueled both sides of the lively political aisle this year, while the same federal judge also riled the state's pharmaceutical hotbed by ending two challenges to Medicare's ability to negotiate drug prices.

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GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings

Government Contracts Legal Forum

On March 15, 2024, the General Services Administration (GSA) issued Acquisition Letter MV-2024-01 providing guidance to GSA contracting officers on the use of upfront payments for acquisitions of cloud-based Software-as-a-Service (SaaS).

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Why most government contractors are feeling confident about 2025

Federal News Network

But I think, if you think about the timing when we did the survey in January, appropriations for 2024 were not done yet. I think most government contractors have contracts that are negotiated and the prices are negotiated upfront, and then they have to adhere to those prices over the course of the entire five-to-10 year contract.