Government Contracts & Investigations

JANUARY 31, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the third article in a multi-part series on the Federal Acquisition Regulation (“FAR”) Cost Principles applicable to contracts with commercial organizations.

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Capital Edge Consulting

MAY 10, 2024

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

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Government Contracts Legal Forum

JUNE 11, 2024

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. Spoiler alert: the devil’s in the details. “It View the full article

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Select GCR

OCTOBER 29, 2024

Want to expand your small business with government contracts? This article covers how a small business government contractor can qualify, find opportunities, and thrive in this space. We’ll explore essential resources, strategies for winning contracts, and compliance requirements.

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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]

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SmallGovCon

DECEMBER 20, 2024

In its decision, the ASBCA distinguished the unique circumstances of Amaratek from other cases where the performance was measured in discrete units, which could be directly accounted for during the shutdown. As such, the fact that the Army received any work during October 2013 obligated it to pay the full contract price for that month.

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Public Contracting Institute

MAY 14, 2024

Cost Accounting Standards (CAS) Decoded: Best Practices for Government Contractors As a government contractor, navigating the complex world of Cost Accounting Standards (CAS) can be a daunting task. Conducting cost and price analysis Cost and price analysis is a critical component of government contracting.

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Select GCR

DECEMBER 3, 2024

Discover how to navigate the process and secure government contracts for your business. Key Takeaways Bidding on government contracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Why Bid on Government Jobs?

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Select GCR

DECEMBER 10, 2024

This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative government contracts. Research is a key component of this process.

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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.

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Public Contracting Institute

MAY 16, 2024

Creating a Comprehensive List of Government Contracts: Essential Tips and Resources Are you looking to expand your business by securing government contracts? The GovCon Express course offered by the Public Contracting Institute is an excellent starting point for those new to government contracting.

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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.

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GovCon & Trade

OCTOBER 19, 2023

In the article, we outlined some key elements that government contractors should consider when deciding whether to submit CSO proposals include: Evaluation: CSOs are reserved for the acquisition of products or services new to the federal contracting space.

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Government Contracts & Investigations

JANUARY 19, 2024

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part series on the Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations.

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Select GCR

NOVEMBER 12, 2024

This involves a high level of responsibility and accountability, as prime contractors must manage both the resources and subcontractors effectively to fulfill their obligations. Definition of Prime Contractor A prime contractor refers to an entity that receives a government contract to oversee and carry out a project.

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GovCon & Trade

FEBRUARY 28, 2024

On December 21, the Government Accountability Office (GAO) dismissed a protest by ELS, an unsuccessful bidder on a Department of Defense (DOD) task order opportunity, concluding that it did not have jurisdiction to consider it. The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297.

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Public Contracting Institute

MAY 22, 2024

Government Contract Consulting: When and How to Leverage Expert Support Government contracting can be a lucrative but complex field to navigate. Knowing when and how to engage expert consultants can give your business a major advantage in winning contracts and delivering successful projects.

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Whistleblower Network News

JANUARY 31, 2024

and its subsidiaries will pay $5 million to settle charges that they violated the False Claims Act (FCA) “by falsely overstating cost or pricing data included in a subcontract proposal for work under a contract with the U.S. government. Department of the Army.” Attorney Dawn N. Ison for the Eastern District of Michigan.

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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 Cain, Chief of the SEC Enforcement Division’s FCPA Unit.

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Select GCR

SEPTEMBER 10, 2024

Diving into government contracting with SAM requires a clear roadmap to success. SAM.gov stands as a crucial portal for businesses seeking federal contracts. This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy.

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Government Contracts

NOVEMBER 19, 2024

Government Accountability Office has thrown out Maersk's protest over the shipping giant's rejection from a $2.3 billion contract for military freight transportation services, saying U.S. Transportation Command wasn't obligated to tell it its pricing was too high.

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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 rejected offeror may believe that the government has not properly conducted the best value determination, and request a quantification of the benefits in the higher rated proposal.

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SmallGovCon

FEBRUARY 7, 2024

The RFQ was for the award of a contract to the offeror that offered the “lowest-price technically acceptable quotation considering price and technical acceptability.” Rather, GAO found that the contracting officer added salient characteristics after the quotations. Looking for the latest government contracting legal news?

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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. The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. DCAA, DCAM ¶ 6-413.1.c. 18] See FAR 31.205-6. [19]

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Government Contracts Advisor

SEPTEMBER 20, 2020

Join Dentons, the ABA Public Contract Law Section Webinar Committee and the Accounting, Cost and Pricing Committee for a FREE […]

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Federal News Network

FEBRUARY 29, 2024

chairman of Homeland Security and Governmental Affairs Committee, and Joni Ernst (R-Iowa), ranking member of the Small Business and Entrepreneurship Committee, are trying to correct a misunderstanding of congressional intent when it comes to how and when agencies should consider price when reviewing proposals for contracts.

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Procurement Notes

MARCH 5, 2024

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%

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GovCon Wire

FEBRUARY 20, 2024

Sol Horwitz, a more than three-decade finance operations and accounting professional, has joined Catonsville, Maryland-based information technology services contractor RELI Group as chief financial officer.

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GovSpend

FEBRUARY 27, 2025

For implementation specialists helping government agencies adopt new workflow management tools like CRM systems, HR performance platforms, or payroll and accounting software, timing is everything. Spending & POs give you historical purchasing data down to the line item, enabling you to price your services competitively.

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Government Contracts Legal Forum

APRIL 3, 2024

To set the groundwork for future episodes, Nicole Owren-Wiest and Erin Rankin talk fundamentals: What is the purpose behind the often counter-intuitive and complex government contracts cost and pricing rules? What are the various price analysis techniques available to the world’s largest buyer of goods and services? “It

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WashngtonExec

OCTOBER 9, 2024

Tyto Athene has appointed Rick Johnson as chief financial officer to lead the finance, accounting, supply chain, pricing and contracts teams. Johnson brings over 25 years of financial and accounting experience in the federal government contracting arena. I’m confident he will be a key partner [.]

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Government Contracts Legal Forum

MARCH 11, 2024

Our Two Cents In this second inaugural episode of It All Adds Up, Nicole Owren-Wiest and Erin Rankin riff on why they care so much about government contracts cost and pricing – and why you should, too. “It View the full article

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ExecutiveBiz

APRIL 2, 2024

With two decades of experience in government contracting, he will now oversee the accounting, finance and pricing departments of the company and spearhead merger and acquisition activities, Edgewater said Monday.

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Public Contracting Institute

MAY 18, 2024

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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Redstone Government Consulting

SEPTEMBER 18, 2024

Cost of money is an imputed cost that is provided to contractors to recover the time value of money invested in facilities and equipment that benefit government contracts.

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Public Contracting Institute

AUGUST 6, 2024

In the competitive world of government contracting, accurate cost estimating is crucial for successful proposals. Let’s explore seven proven techniques that will help you master this essential skill and improve your chances of winning contracts.

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Government Contracts Navigator

FEBRUARY 14, 2024

DISPARATE TREATMENT MATERIAL EXCEPTION PRICE EVALUATION PAST PERFORMANCE BEST VALUE DETERMINATION The post 60-Second Sustains: Deloitte Consulting LLP and Softrams LLC appeared first on Government Contracts Navigator. Jochum ● Deloitte Consulting LLPB-422094; B-422094.2 Deloitte Consulting LLP; Softrams, LLCB-421801.2,B-421801.3,B-421801.4,B-421801.5,B-421801.6

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