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The four key drivers that can enable better IT procurement

Open Contracting Partnership

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. From healthcare management and social safety net technology to managing vaccine sign-ups during the pandemic , governments simply need to buy IT better.

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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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Cost Accounting Standard (CAS) 411 – Accounting for Acquisition of Material Cost

Redstone Government Consulting

CAS 411 provides criteria for accounting for the measurement and assignment of material costs to cost objectives and follows generally accepted accounting principles (GAAP). If you don’t have contracts subject to full CAS, then FAR 31.205-26 Material costs requires contractors to implement GAAP when accounting for material.

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Government Contracts Cost and Pricing: Accounting for Unallowable Costs

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. This Cost Corner focuses accounting for unallowable costs. The applicable Cost Principle is FAR 31.201-6, Accounting for Unallowable Costs.

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UN’s first ever resolution on public procurement: what makes it strong and what’s still missing

Open Contracting Partnership

We are pleased to see “equitable” used to describe the tendering processes which implies moving beyond lowest price to foster economic inclusion. The US-led Atlanta Declaration focused squarely on accountability and the role of non-state actors in the fight against corruption.

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Bid Protest Minute: GAO’s Task Order Jurisdiction

GovCon & Trade

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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Justice Department expands its procurement fraud strike force

Federal News Network

Sometimes federal procurements don’t go according to the rules. Sometimes its worse, when bribes and kickbacks come into play. That’s what the Justice Department’s Procurement Collusion Strike Force tries to discover and prosecute. Now the strike force is expanding, with four new members. Dan Glad Sure. Is it mostly whistleblowers?

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