Redstone Government Consulting

NOVEMBER 15, 2023

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

Price Purchasing Accountability Data 105

FedScoop

APRIL 9, 2024

As the IRS’s Direct File pilot approaches the end of its 2024 runway, a new watchdog report finds that the tax agency’s cost estimates for the program were incomplete and would need “a comprehensive accounting” ahead of a potential takeoff in 2025. We found this as well.

Accountability 121

Accountability Price Electronics Data 121

Public Contracting Institute

JULY 8, 2024

Introduction to CAS 405 and Unallowable Costs In the complex world of government contracting, understanding and properly accounting for unallowable costs as per Cost Accounting Standard (CAS) 405 is crucial for success. Documenting Unallowable Costs: Best Practices Proper documentation is key to demonstrating compliance with CAS 405.

Accountability 52

Accountability Internal Control Price Government Contracts 52

The Coalition for Government Procurement

MARCH 14, 2025

The MSPV program accounts for approximately $700 to $800 million in purchases in support of veterans healthcare. For example, open market, government credit card orders typically include increased fees for products that are offered at higher prices than available through the MSPV program and create compliance or gray market risks.

Supply Chain 49

Supply Chain Purchasing Transparency Price 49

Capital Edge Consulting

MAY 10, 2024

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?

Price 52

Price Government Contracts Government Government 52

Open Contracting Partnership

MARCH 28, 2024

They are encouraging dialogue about who bought what from whom to improve visibility and accountability over the spending and the improved outcomes seen in the examples provided. There is research to show that every additional tenderer leads to a price reduction. Purchased systems need to replace or work within existing systems.

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Procurement Framework Agreement IT Public Private Partnership 138

Federal News Network

JANUARY 24, 2025

This efficiency opportunity will eliminate structural stovepipes that have hindered accountability, consistency, flexibility, and workload optimization. Embrace dynamic pricing models that leverage competition from the commercial market. Static pricing ultimately hinders competition and reduces value for customer agencies.

Efficiency 52

Efficiency Procurement Government Government 52

Whistleblower Network News

OCTOBER 17, 2024

The DOJ also alleges that Raytheon violated the FCA as it “provided untruthful certified cost or pricing data when negotiating prices with the DOD for numerous government contracts and double billed on a weapons maintenance contract.” $428 Attorney Breon Peace for the Eastern District of New York.

Negotiation 107

Negotiation Price Corruption E-procurement 107

Select GCR

DECEMBER 3, 2024

Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process. Meeting all the criteria outlined in the solicitation documents ensures compliance and increases the chances of winning the contract.

Bidding 52

Bidding Government Government Buyers 52

The Procurement ClassRoom

JUNE 25, 2019

Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.

Evaluation 52

Evaluation Price Bidding Procurement 52

Public Contracting Institute

JULY 5, 2024

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.

Accountability 52

Accountability Government Contracts Price Contract 52

The CGP

SEPTEMBER 8, 2023

Transparent communication also promotes accountability and trust between the parties and with the public. Given the significant public impact of this PAP, stakeholders across the procurement system should have the opportunity to comment on this document. Currently, operational policy guidance is not posted for the public.

Transparency 100

Transparency Negotiation Price Procurement 100

Federal News Network

JANUARY 12, 2024

On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.

Price 52

Price Negotiation Data Contract 52

Public Contracting Institute

JUNE 5, 2024

Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. The Government Accountability Office (“GAO”) does not agree that quantification is required. Bulova Techs, LLC, B-281384, Feb.

Price 52

Price Bidding Government Contracts Evaluation 52

FedScoop

FEBRUARY 1, 2024

But they also have the potential to bake in existing inequities and to reduce accountability and even limit opportunity.” Dynamic pricing systems in housing is one area that Congress has already shown interest in — and could be ripe for additional action. Cynthia Lummis, R-Wyo., Raphael Warnock, D-Ga.,

Price 114

Price Insurance Finance Transportation 114

Select GCR

OCTOBER 29, 2024

HUBZone-certified businesses not only gain eligibility for set-aside contracts but also receive a 10% price evaluation preference in full and open contract competitions. A DCAA-compliant accounting system must properly document costs and transactions, exclude unallowable costs, and ensure compliant timekeeping functionality.

Government 52

Government Government Government Contracts Procurement 52

Select GCR

NOVEMBER 12, 2024

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.

Government Contracts 52

Government Contracts Contract Bidding Participation 52

The Coalition for Government Procurement

JANUARY 24, 2025

This efficiency opportunity will eliminate structural stovepipes that have hindered accountability, consistency, flexibility, and workload optimization. Embrace dynamic pricing models that leverage competition from the commercial market. Static pricing ultimately hinders competition and reduces value for customer agencies.

Efficiency 40

Efficiency Procurement Government Government 40

Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

Price 52

Price Government Contracts Government Government 52

The Coalition for Government Procurement

JANUARY 12, 2024

On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”

Price 45

Price Negotiation Data Supplier 45

Mike Purdy's Public Contracting

JUNE 22, 2017

This position also prepares resolutions with applicable supporting documentation for the Board of Commissioners’ review and approval. This position also prepares resolutions with applicable supporting documentation for the Board of Commissioners’ review and approval.

Purchasing 100

Purchasing Insurance E-procurement Bidding 100

Import and Trade Remedies

JANUARY 22, 2025

These assessments are typically caused by an exporter’s failure to alert the CBSA to changes in costs, domestic sales, market conditions and terms of sale in their export market, which may require an exporter to adjust its export prices to avoid dumping. The SIMA-specific fields on a CAD are listed here.

Export 52

Export Import Price Participation 52

Federal News Network

MAY 16, 2024

The majority of federal government procurement is not a set and attacked by bid rigging, price fixing and fraud schemes. And what the OECD tried to do is assess how much money is lost from bid rigging, price fixing and other collusive schemes at the outset from government spending. Dan Glad They are exceptions. And that’s true.

Collusion 108

Collusion Bid Rigging Procurement IT 108

Open Contracting Partnership

APRIL 1, 2024

million if median internal reference prices were used, to as much as PHP 214 million if the Department of Public Works and Highways construction materials price data were used. Access to data: most documents they needed were available online, but you had to know the contract number, says the team. Source: Kenneth S.

Budget 136

Budget Transportation Transportation Bidder 136

Federal News Network

AUGUST 20, 2024

Additionally, NAVWAR also said it mislabeled the document as unclassified, again raising even more questions among observers about how a well-worn process fell apart in so many different places. The spokesperson said NAVWAR is reviewing the document sign-off and release processes.

Procurement 119

Procurement Electronics Contract Evaluation 119

Federal News Network

OCTOBER 1, 2024

Then, you do a rolling release of documents, and even sometimes you will fall behind the schedule and the government isn’t happy, but I’ve never seen it get to the level of a raid,” the industry source said. But there needs to be some accountability on the procurement ecosystem side too. Why take the risk?

Supply Chain 115

Supply Chain Price Supplier Government 115

Public Contracting Institute

JULY 23, 2024

It’s rare but it does happen, that the Government Accountability Office (“GAO”) sustains five separate violations of the procurement regulations in a single protest. The LOC’s price evaluation considered only 16 out of 18 total labor categories, even though use of all categories was required by the solicitation.

Sustainability 52

Sustainability Evaluation Price Consulting 52

The Procurement School

APRIL 22, 2024

A lack of clarity will be reflected in the quality of the solicitation document, the evaluation criteria and the bid submissions. Trade agreements require that the estimated procurement value be posted with the solicitation document. The estimated value also determines how long the document is posted for bidders to respond.

Procurement 52

Procurement Market Analysis Bidder Public Procurement 52

Federal News Network

DECEMBER 20, 2023

The Government Accountability Office recently upheld the protest of a contract award from the Defense Intelligence Agency. And then assuming you passed, they would assess you based on technical approach and capability, and price. Price was a typical submitted a proposal submission, but for technical approach and capability.

Bidder 83

Bidder Price Sustainability Evaluation 83

American City & Country

AUGUST 27, 2024

City and county governments are often key buyers of landscape equipment and supplies, says Keith McGinty , director of bids and government accounts at SiteOne Landscape Supply , a firm that sells soil maintenance products, irrigation, lighting, nursery products, tools, equipment, safety items and hardscapes in addition to landscape supplies.

Government 98

Government Government Bidding Purchasing 98

Government Contracts & Investigations

FEBRUARY 29, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 31] Thus, implementing and documenting adequate internal controls for determining compensation can significantly reduce audit risk. DCAA, DCAM ¶ 6-413.1.c. 10] FAR 31.205-6(b)(1). [11]

Price 52

Price Government Contracts Government Government 52

Public Contracting Institute

AUGUST 6, 2024

Mastering Cost Accounting Standards (CAS) Cost Accounting Standards play a vital role in ensuring consistency and uniformity in cost accounting practices for government contracts. Leveraging Cost and Price Analysis Tools Utilizing the right tools and methodologies can significantly improve the accuracy of your cost estimates.

Government Contracts 52

Government Contracts Price Accountability Education 52

Open Contracting Partnership

AUGUST 5, 2024

Understanding pricing and cost management, particularly as much of AI is sold as a software. And finally, performance monitoring with a focus on accountability regarding the ethical and data management specifics. Tendertrace ), pulling summaries from procurement documents to facilitate finding relevant opportunities (e.g.

Public Procurement 62

Public Procurement Procurement Tender Ethics 62

American City & Country

SEPTEMBER 24, 2024

And then, of course, go through their entire website and probably have to create an account and do the contact form just to get some kind of recognition within 48-72 hours. Cost Savings: By leveraging the industry-leading pricing available through OMNIA Partners’ publicly awarded contracts, Polk County achieved significant cost savings.

Efficiency 58

Efficiency Procurement Purchasing Supplier 58

Select GCR

MARCH 4, 2025

This concise document can be a powerful tool in your marketing arsenal. Pricing is key for securing your first federal contract; ensure your bid is competitive. Providing a transparent pricing structure, detailing what the client is paying for, avoids hidden costs.

Government Contracts 52

Government Contracts Government Government Contract 52

The Coalition for Government Procurement

NOVEMBER 7, 2024

This year’s tables include: November 20: GSA MAS PMO GSA Pricing Tools Medical/Surgical Supply BPAs SAM.gov PMO VA Federal Supply Schedule (FSS) November 21: VA FSS View the agendas for more details. Implementing an HHS-wide strategy to support greater enforcement and accountability. Thank You Sponsors !

Logistics 52

Logistics E-procurement Supply Chain Procurement 52

Federal News Network

MARCH 22, 2024

Whether it be the strategy documents they put out, the national security documents, the war games we are invited to. Congressional appropriators proposed an additional $800 million in the DIU accounts. For the first 80 yards in the last 10 or 15 years, the clarity from the Pentagon has been 20/20.

Innovation 95

Innovation Participation Budget Logistics 95