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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

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. 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.

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Government Contracts Issues for a Recession

Procurement Notes

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.

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Why File: A Request For Equitable Adjustment

SmallGovCon

Requests for equitable adjustment are considered negotiations rather than litigation, and under FAR 31.205-33 , contract administration costs are allowable costs. Generally, costs in preparing requests for equitable adjustment are considered part of the negotiation process, and so are considered contract administration costs.

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Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts

Public Contracting Institute

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 government contracts is achieving FedRAMP certification.

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Strategies for Dealing with a Government Shutdown

SmallGovCon

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 contract administration functions.” Looking for the latest government contracting legal news?

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GAO Won’t Consider Non-Competes Because They Are Considered To Be Private Disputes

Public Contracting Institute

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 contract administration which GAO does not review. For other helpful suggestions on government contracting, visit: Richard D.

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Government Claim Appeals Nuggets from the ASBCA and CBCA 2023 Annual Reports

SmallGovCon

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.