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Why Identifying Commercial Items at Your Organization is Key

Redstone Government Consulting

If you are selling products/services under FAR 15 based contracts or subcontracts, submitting certified cost and pricing data and documenting other accounting and purchasing requirements that come along with it, when the products/services technically meet the definition of commercial under the FAR – it may be time to rethink your approach.

Price 105
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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

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. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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Why DoD treats non-traditional innovation suppliers as just plain commercial

Federal News Network

Just this month, the Defense Pricing and Contracting unit issued a memo underscoring that authority. Dan Ramish Well, Tom, nontraditional defense contractors are defined to include all contractors that do not have a subcontract or contract subject to full cost accounting standards coverage and have not had one in the preceding year.

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Bid Protest Minute: The High Bar to Proving Contract Officer Bias

GovCon & Trade

By: Richard Arnholt On November 8, the Government Accountability Office (GAO) denied an unsuccessful bidder’s protest that asserted the Veteran Administration’s (VA) evaluation of Texas Waste Company’s past performance was unreasonable and reflected the Contracting Officer’s (CO) bias.

Bidding 147
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Mastering CAS 406: Establishing and Adhering to Cost Accounting Periods

Public Contracting Institute

In the complex world of government contracting, understanding and implementing Cost Accounting Standards (CAS) is crucial for success. Today, we’re diving deep into CAS 406, which focuses on establishing and adhering to cost accounting periods.

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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. GSA-collected fees would have accounted for $30 million of the total $33 million in fund credits.”

Price 103
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Government Contracts

Government Contracts Legal Forum

In this episode, they dive into the definition of cost or pricing data. It All Adds Up” is Crowell & Moring’s podcast covering the latest government contract accounting, cost, and pricing developments. It All Adds Up Nicole Owren-Wiest and Erin Rankin continue their discussion of TINA.