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For WashingtonExec’s Top Pricing Execs to Watch in 2024, we identified the best of the best in building proper pricing models for success, bringing strategic thought leadership to each opportunity, and putting long-term growth and strategy first.
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
Read more : Proposed Increases to Micro-Purchase, Simplified Acquisition, and Other Thresholds On November 29, 2024, the FAR Council (DoD, GSA, and NASA), issued their proposed rule to adjust acquisition-related thresholds for inflation. If the actual consumer price index differs, the figures may be adjusted.
We have published a Construction Policy Note (CPN) to provide notification of new guidance which details an alternative method of determining the price score in tender assessments – the Graduated Pricing Mechanism (GPM). The principle is that the lowest price is awarded the highest score (i.e. What is the GPM?
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,
You are reading the January 2024 Update of the Bass, Berry & Sims Enforcement Roundup, where we bring notable enforcement actions, policy changes, interesting news articles, and a bit of our insight to your inbox. To stay up to date, subscribe to our GovCon & Trade blog. microelectronics to Russia.
Here are some key points from this year: (1) the key effectiveness metric, showing numbers of sustains and corrective actions at GAO, was similar to prior years at 52% for the 2024 fiscal year and (2) total bid protest numbers were down slightly from 2023 but a little above the number for 2022. Numbers are still lower than in 2021 and 2020.
Here’s what veterans will get for a cost-of-living increase next year Pentagon releases final CMMC rule, paving way for implementation Pentagon Unveils CMMC Program Final Rule New and updated guidance for pricing and reporting on non-competitive defence contracts Couple Defrauds Government Out of Thousands of Dollars, Including Multiple Trips to Disney (..)
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. While DoD has had limited success with its ESI, civilian agency efforts have mostly fallen flat.
Senate Approps target OTA transparency, MTA delays Former Contracting Officer for Department of Defense Sentenced for Conspiracy to Defraud the Government Federal contractor will pay $400K, make 30 job offers to resolve DOL hiring bias claim GSA releases updated standards to accelerate federal buildings toward zero emissions The wave of new procurement (..)
Learn “What’s Next” After the Election at the 2024 Fall Training Conference, Nov. 20-21 The 2024 Fall Training Conference – The 2025 Federal Market: What’s Next? Department of Veterans Affairs (VA) kickoff the Healthcare Day of our 2024 Fall Training Conference on November 21. Happy Veterans Day!
Companies Ten Charged and One Arrested in Connection with Sanctions Evasion Scheme CISA’s chief data officer: Bias in AI models won’t be the same for every agency The post SmallGovCon Week in Review: April 22-26, 2024 first appeared on SmallGovCon - Government Contracts Law Blog.
As 2024 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sectors 2024 achievements. Id just like to say thank you very much for everybody’s hard work during 2024.
We often see price realism in protests when the protester is making the claim that the awardee’s price, which was lower than the protester’s price, is low enough that the awardee would not be able to perform the work as solicited. Most often, GAO will determine that the agency’s price realism analysis was acceptable.
5, and we want your help finding the most impactful pricing executives. For the pricing [.] The deadline to submit nominations for the Pinnacle Awards is Sept.
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.
Join us at the Fall Training Conference, Nov 20 – 21 The 2024 Fall Training Conference – The 2025 Federal Market: What’s Next? The Coalition is pleased to announce that multiple sponsorship packages are still available for the 2024 Fall Training Conference – The 2025 Market Outlook: What’s Next? Less than Three Weeks Away!
Study: Growing Indian middle class on Nebraska reservation defies odds GSA Purchased Chinese-Manufactured Videoconference Cameras and Justified It Using Misleading Market Research DoD’s new memo puts stricter requirements on cloud providers Protests restart over CIO-SP4 It’s time to rethink GovCon pricing to align with post-pandemic reality Technology (..)
Leslie Tillman Vice President of Pricing, Empower AI Empower AI views 2024 as a year full of growth chances, but also one with challenges. These include combining digital change, cybersecurity and artificial intelligence for federal agencies, along with uncertainty about budgets and funding.
The Office of the Under Secretary of Defense, Defense Pricing and Contracting (DPC) issued a Memorandum dated May 5, 2024 , to Agencies on the Treatment of Nontraditional Defense Contractors.
Peter Warren Pricing Director, Noblis As the pricing director for Noblis, Peter Warren leads the corporate team that develops data-driven pricing solutions to propose the best value to its federal customers while continuing to help build a strong foundation for the company today and in the future.
Suzan Putman Vice President of Pricing, CGI Federal As industry strives to fully embrace AI in the public sector, it presents challenges for the pricing community, such as determining the pricing model for Generative AI and other related issues, according to Suzan Putman. Agencies aim to [.]
Etzler Senior Vice President of Pricing & Price to Win, ManTech For ManTech, 2023 was another outstanding year, with the company looking forward to even greater achievements in the coming year. One of the top challenges the public sector is expected to face this year is the need for a talented workforce to meet [.]
Kim Schoenauer Vice President of Pricing, Cognosante Kim Schoenauer’s biggest recent achievement was coaching her team to new levels of performance, project management and confidence in executing ever more complex pricing projects.
Jason Cloutier Vice President of Strategic Pricing & Estimating Solutions, Amentum Jason Cloutier recently combined the pricing and estimating departments from two big acquisitions. He also developed and enhanced a sophisticated yet easy-to-use tool that provides real-time information for the whole organization.
Robin Menefee Pricing Director, AMERICAN SYSTEMS In her second year with AMERICAN SYSTEMS, Robin Menefee’s biggest recent achievement was successfully assimilating into and leading a pricing team that helped the company exceed gross bookings targets for two consecutive years.
Misrak Weldu Director of Pricing, Tyto Athene Misrak Weldu leads a team of price-to-win strategists at Tyto Athene’s headquarters in Herndon, Virginia.
Andrew Bird Vice President of Pricing & Deal Strategy, IDEMIA Public Security North America Andrew Bird views leveraging technology to enhance outcomes for citizens and customers—such as increased efficiencies, improved service delivery, cost savings and fraud prevention—as a top priority for government.
Jackie Chewning Executive Director of Proposal Pricing, Axient Jackie Chewning recently worked across departments to create a competitively advantageous cost submission on a transformational proposal effort. “We have a great team of dedicated growth professionals that I’m truly blessed to work with,” she said.
Fred Avila Vice President of Pricing Solutions, HII Mission Technologies Fred Avila is the vice president of pricing solutions at HII’s Mission Technologies division, which reported $2.7 billion in revenues in 2023 — a 13% increase over 2022. Mission Technologies now accounts for nearly 25% of HII’s revenues.
Charlene Bargiel Vice President of Pricing & Estimating, Booz Allen Hamilton In 2023, the pricing and estimating team at Booz Allen achieved new levels of success, providing detailed and data-driven financial insights that significantly improved the firm’s bidding strategy on new contracts, according to Charlene Bargiel.
Marc Madison Vice President of Strategic Pricing Administration, Koniag Government Services Marc Madison’s career includes over 20 years of federal pricing experience working for several Fortune 500 government contracting companies. He joined KGS 13 years ago to support an exceptional, growing company.
Ryan Miller Vice President of Pricing & Strategic Pursuits, Valiant Integrated Services Over the past 12 months, Ryan Miller and his team made significant strides in streamlining processes and procedures, fostering deeper integration of the team within the business and implementing strategic restructuring to support Valiant’s growth objectives.
The up to $15 million indefinite-delivery/indefinite-quantity contract will run from July 1, 2024, to June 30, 2029, and feature firm-fixed-price task orders, the DOE said Tuesday. The contract will primarily provide technical […]
This expands access to government customers and offers them selection among speed, performance, and price. Research points to cloud as a more sustainable choice A new study released yesterday that was commissioned by Amazon Web Services (AWS) and conducted by Accenture estimates AWS’s infrastructure is up to 4.1
DoD issued a final rule DFARS Case 2023-D010 on May 30, 2024, amending The Defense Federal Acquisition Regulation Supplement (DFARS) implementing Section 803 of the National Defense Authorization Act on data required in support of commerciality determinations and price reasonableness under procurements for major weapon systems.
The Office of the Under Secretary of Defense, Defense Pricing and Contracting (DPC) issued a guidance memorandum dated March 18, 2024 to Agencies based on the results of the Department of Defense (DoD) Inspector General (IG) Audit of DoD Compliance on Whistleblower Protection Requirements.
As the IRS’s Direct File pilot approaches the end of its 2024 runway, a new watchdog report finds that the tax agency’s cost estimates for the program were incomplete and would need “a comprehensive accounting” ahead of a potential takeoff in 2025.
As calendar year 2023 ends, the Coalition is looking ahead to 2024 and the policies, programs, and initiatives that will shape the federal procurement system and the delivery of customer agency mission support. Stakeholders must appreciate and understand that there is a nexus between requirements and price, especially for small businesses.
Framework Public Bodies will be notified in advance of the effective date of any new pricing and a new Lyreco catalogue will be uploaded in due course. The planned start date for the new framework is 11 July 2024. Five suppliers have been appointed, three of which are Scottish Small and Medium-Sized Enterprises (SMEs).
million to settle allegations that it misrepresented their commercial pricing practices and overcharged the government on VMware software products and related services purchased under the General Services Administration schedule. So far in 2024, Carahsoft has won more than $960 million in prime awards. Carahsoft won more than $1.4
So the Rule of Two requires federal agencies to set aside procurements for small businesses where there’s a reasonable expectation that at least two small businesses will be able to submit offers at fair market prices and otherwise competitive in terms of quality and delivery. Tom Temin: And that goes back to the 1980s, right?
David Blythe Director of Pricing, Parsons Corp. David Blythe recently revamped his pricing team to align better with the company’s various business units. He ensured each unit has a designated primary contact, while maintaining a versatile team of pricing analysts proficient across all areas.
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