article thumbnail

Energy Department Awards TRANSCOM Technical Support Services Contract to CCS-Ivory Cloud Joint Venture

ExecutiveBiz

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 […]

Contract 105
article thumbnail

Palantir Books $480M Army Contract for Maven Smart System Prototype

GovCon Wire

A Palantir Technologies (NYSE: PLTR) subsidiary has received a five-year, $480 million firm-fixed-price contract from the U.S. The Department of Defense said Wednesday Palo Alto, California-headquartered Palantir USG is expected to complete contract work by May 28, 2029, at work locations yet to be determined. According to a

Contract 105
article thumbnail

DOD Issues Final DFARS Rule Implementing Increased Buy American Restrictions for Defense Procurements

Inside Government Contracts

The new rule (1) increases the applicable domestic content threshold for domestic end products, and (2) creates a framework for the application of an enhanced price preference for domestic products that are considered critical products or are made up of critical components. Beginning in calendar year 2029, the threshold will be 75 percent.

article thumbnail

10 Companies Awarded Spots on DLA Strategic Transformation Support Contract

GovCon Wire

DLA received 14 bids for the five-year firm-fixed-price BPA and will fund the contract using fiscal 2024 through 2029 defense working capital funds and other budget allocations, the Department of Ten companies won spots on a $92.5

article thumbnail

Back to Basics: The Buy American Act

SmallGovCon

Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a price evaluation penalty to the offeror with the lowest priced foreign end product of 20%. That 65% will become 75% in 2029. What is a Domestic End Product?

Price 80
article thumbnail

Friday Flash 04/26/2024

The Coalition for Government Procurement

The conference begins with remarks from Christine Harada , Senior Advisor in OMB’s Office of Federal Procurement Policy (OFPP), on the governmentwide Better Contracting Initiative , a four-pronged initiative to ensure that the Federal Government receives optimal terms and prices when purchasing goods and services.

article thumbnail

The FY 2024 National Defense Authorization Act: Key Provisions Government Contractors Should Know

Government Contracts Legal Forum

3705, which requires offerors to submit data other than certified cost or pricing data so that contracting officers may determine the price reasonableness of a contract, subcontract, or modification. The authority for this pilot program will sunset on January 1, 2029. Cost Accounting Section 802 amends 10 U.S.C.