Remove Accountability Remove Document Remove Negotiation
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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition. These safeguards are designed to protect the integrity of the procurement process and ensure fairness and accountability.

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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

We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits. 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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The Truth Behind Truth in Negotiations Requests

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. Employee Training DCAA will audit training content and documented attendance. Are Floor Check Audits Going Virtual?

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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. Securities and Exchange Commission (SEC) announced a related $124 million settlement. Department of Defense (DOD).

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Top Resources for Small Business Government Contractors

Select GCR

GSA Schedules, also known as Multiple Award Schedules (MAS), provide pre-negotiated prices for millions of commercial products and services, making procurement more efficient for federal, state, and local government buyers. Failing to comply can result in losing contracts, unfavorable ratings, or even suspension from future contracts.

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What is a Prime Contractor?

Select GCR

Becoming a prime contractor involves registering with the System for Award Management (SAM), obtaining a Unique Entity Identifier (UEI) number, and meeting federal requirements for compliance and documentation. They are accountable for managing all aspects of the project, ensuring that it is completed on time and within budget.

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The Government Procurement Efficiency List, Part II

Federal News Network

This efficiency opportunity will eliminate structural stovepipes that have hindered accountability, consistency, flexibility, and workload optimization. Reorganize the Federal Acquisition Service (FAS) acquisition workforce supporting the FSS program. Put commercial back into commercial item contracting.