This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This report noted that “the Antideficiency Act significantly limits an affected agencys ability to solicit and award new contracts, to obligate new funds to existing contracts, and to perform essential contractadministration functions.” Looking for the latest governmentcontracting legal news?
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. The Cost Principles also apply to the determination, negotiation, and allowance of costs whenever required by a contract clause. [6] Terms of the contract. Allocability.
Requests for equitable adjustment are considered negotiations rather than litigation, and under FAR 31.205-33 , contractadministration costs are allowable costs. Generally, costs in preparing requests for equitable adjustment are considered part of the negotiation process, and so are considered contractadministration costs.
Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts As a government contractor, securing federal contracts is crucial for business growth and success. One critical aspect of winning governmentcontracts is achieving FedRAMP certification.
Air Force with the expectation that its contract will continue to be renewed during the foreseeable future. Indirect costs allocable to direct costs incurred as a result of the delay are allowable when computed in accordance with the contractor’s established accounting practices [ ].” [137] 134] Idle or Underutilized Equipment.
GAO noted that the question of whether personnel identified in an offer will actually perform under a subsequently awarded contract is generally a matter of contractadministration which GAO does not review. For other helpful suggestions on governmentcontracting, visit: Richard D.
The Civilian Board of Contract Appeals (CBCA) functions as a tribunal at which contractors and civilian agencies can “resolve contract disputes between government contractors and agencies under the Contract Disputes Act.” Taking the statistics into account, a great many CBCA appeals end in settlement.
Jay Blindauer A contractor takes on a Governmentcontract to make money, and inflation is getting in the way. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. Which is not what the parties want to do for a fixed-price contract. See, e.g., CESC Plaza Ltd.
For a Federal Holiday to apply to a contractor or subcontractor, it must be introduced through further action (such as through a contract clause or applicable wage determination). Particularly, what does the contract say? 13] Many contracts list in one of those sections the holidays that a contractor must observe.
Rather, FSS contracts include a $2500 guaranteed minimum over 20 years with the opportunity to compete for task and delivery orders. And remember, competing for orders requires consistent, long-term investment by FSS contractors above standard contractadministration costs. billion, which accounted for 11.4
Locking in project costs reduces financial uncertainty, making these contracts attractive for projects with well-defined scopes. This predictability is crucial for government agencies aiming to adhere to strict budget constraints, especially when entering into a governmentcontract.
GAO Report Highlights EHR Improvements and Challenges On March 12, the GovernmentAccountability Office (GAO) issued a report on the VAs Electronic Health Record (EHR) modernization program. You should also carefully review payments to the government and reconcile any discrepancies.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content