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 Negotiation 52

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. Department of the Army.” Army’s Tank Automotive Command (TACOM). Attorney Dawn N. government.

Contract 120

Contract Automotive Price Negotiation 120

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

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

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 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

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

Federal News Network

NOVEMBER 17, 2023

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 96

Price Supply Chain Risk Management Contract 96

Open Contracting Partnership

DECEMBER 19, 2023

At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.

Public Procurement 140

Public Procurement Procurement E-procurement IT 140

American City & Country

SEPTEMBER 18, 2024

Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.” Through that leverage, Cunningham believes that governments can often secure better pricing and terms than they would individually.

Purchasing 110

Purchasing Total Cost of Ownership Government Government 110

Kluwer Arbitration

OCTOBER 15, 2024

For example, due to an increased focus on value with tighter margins, price disputes in LNG projects are becoming more likely and frequent. This contrasts with a more conciliatory approach leading to negotiated outcomes that had previously prevailed in Asia, as discussed further below. ICC, SIAC).

Price 59

Price Negotiation Finance Accountability 59

AWS Public Sector

FEBRUARY 29, 2024

Myth #1: I have to use a competitively awarded contract and negotiate many of the contract terms to purchase software, so I cannot use a marketplace where all the terms are commercial In AWS Marketplace , commercial terms can be replaced with negotiated terms, including the existing agreements SLG customers use to procure software.

Government 81

Government Government Purchasing Negotiation 81

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. Understanding the pricing structure outlined in the RFP can help in formulating a bid that aligns with government expectations.

Bidding 52

Bidding Government Government Buyers 52

AWS Public Sector

SEPTEMBER 26, 2024

They might even haggle over prices if they’re buying a large amount of an item, but the organizer of the market never gets involved in this negotiation. Customers may check out fresh fruit from several stalls before deciding which is the best value and fit for their need.

IT 78

IT Buyers Contract Procurement Team 78

Federal News Network

JUNE 4, 2024

I think most government contractors have contracts that are negotiated and the prices are negotiated upfront, and then they have to adhere to those prices over the course of the entire five-to-10 year contract. Tom Temin Right. Kevin Plexico It’s not like the government is getting extra money for inflation as well.

Government 126

Government Government Supply Chain Manufacturing 126

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

Federal News Network

NOVEMBER 3, 2023

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

Price 64

Price Evaluation Negotiation Purchasing 64

Whistleblower Network News

JULY 10, 2024

This allows the government to receive the benefit of any price concessions provided by drug manufacturers. As today’s settlement illustrates, the Justice Department is committed to holding pharmacies accountable for their role in the nation’s opioid crisis.” Boynton, head of the Justice Department’s Civil Division. “As

Insurance 111

Insurance Manufacturing Negotiation Demand 111

Public Contracting Institute

MAY 20, 2024

It typically involves the following steps: Identifying opportunities Reviewing solicitation documents Attending pre-bid meetings Preparing and submitting a responsive bid Participating in bid evaluation and negotiations To excel in the bidding process, consider enrolling in our Life Sciences Contracting 101 course.

Bidding 52

Bidding Government Government Negotiation 52

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Users only see information that is relevant to them, i.e. Requisitioners see expected delivery dates, Managers their budget consumption, Accounts Payable their pending invoices.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

Public Contracting Institute

MAY 8, 2024

Under some circumstances, if an IFB is canceled but the requirement remains, the agency may complete the procurement by converting it to a negotiated procurement, but FAR 14.404-1 places limitations on when this is permitted. In Great Lakes Dredge & Drydock Co., LLC, B-421676.4, million and the amount of funds ($60.4

Bidding 52

Bidding Procurement E-procurement Negotiation 52

Federal News Network

OCTOBER 1, 2024

I’ve had clients who pushed back, delayed and then negotiated what the Justice Department really wanted. These employees would have to do everything from managing contracts to keeping up with pricing changes to keeping on top of all the legal and cybersecurity compliance requirements and much more. Why take the risk?

Supply Chain 110

Supply Chain Price Government Government 110

ivalua

SEPTEMBER 13, 2020

Paying ad hoc is inefficient; it always takes longer and allows cash – that could be earning interest – out of an account sooner than it needs to go. Buying at negotiated prices and within budget. You need a procure-to-pay process if your organization is guilty of the following: Frequent duplicate payments. Case in Point.

Procurement 81

Procurement E-auction E-procurement Supplier 81

The Coalition for Government Procurement

NOVEMBER 3, 2023

Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ). Emphasis added.) See Section 2.

Price 49

Price Evaluation Negotiation Purchasing 49

Select GCR

MAY 7, 2024

Securing a contract involves preparing a competitive proposal that meets the solicitation document’s requirements, developing effective pricing strategies that balance competitiveness with profitability, and potentially navigating subcontracting and partnerships.

Government Contracts 98

Government Contracts Government Government Contract 98

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. 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

Fox Rothschild: Government Contracts

JANUARY 3, 2024

The agency can cancel a solicitation under a number of limited circumstances, including based on defects in the solicitation or specifications, unreasonable bid pricing, or lack of funding. However, GAO rejected the agency’s plan to convert the sealed IFB to a negotiated procurement.

Bidding 59

Bidding Bidder Negotiation Procurement 59

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. Manos, Government Contract Cost & Pricing § 13:3 (2023). [24] DCAA, DCAM ¶ 6-413.1.c. 10] FAR 31.205-6(b)(1). [11] 13] DCAA, DCAM ¶ 6-413.1(e). 14] FAR 31.205-6(b)(2). [15]

Price 52

Price Government Contracts Government Government 52

Federal News Network

JULY 25, 2024

Fluor argued that BAE breached the subcontract by directing the changes, while refusing to equitably adjust the subcontract price upward by $183 million, as required by the subcontract’s changes clause. The prime contractor, BAE, argued that the subcontractor Fluor’s delays breached the subcontract, requiring BAE to compensate the Army.

Insurance 83

Insurance Bidding Influencing Negotiation 83

Federal News Network

JANUARY 16, 2024

Compensation will always be an issue, but TRANSCOM has been a great partner and there are methods to take that into account. HomeSafe’s pricing was bid in 2019, and we’ve seen a lot of inflation in our industry. We’ve had negotiations with TRANSCOM to adjust for the inflation that’s occurred. But we think we’ll be successful.”

Contract 118

Contract Transportation Transportation Price 118

Federal News Network

FEBRUARY 22, 2024

A lot of companies have trade secrets, have pricing models, have sensitive information on their systems. Schneider, the former federal CISO, said he believes the rules are the government’s “opening negotiation point” in setting critical cyber requirements for contractors. “I

Professional Services 94

Professional Services Import Data Balance 94

The Procurement School

JULY 16, 2024

Compliance Including performance metrics and penalties for non-compliance promotes accountability and incentivizes suppliers to meet their obligations. One of the greatest sources of contract disputes is how to handle price increase requests where there is no clear contract language.

Efficiency 52

Efficiency Procurement Contract Supplier 52

ivalua

NOVEMBER 29, 2021

To summarize, tail spend is commonly labeled as the money a company spends on purchases that accounts for roughly 80% of total transactions, making up about 20% of the company’s spend by volume. Poorly utilized preferred suppliers with negotiated pricing. Budgeting challenges as tail spend typically often not planned for

Buyers 52

Buyers Supplier Purchasing Procurement Team 52

The Contractor's Perspective

JANUARY 12, 2023

23, 2022) provides new authority for some defense contractors and subcontractors to obtain price increases that address the impacts of inflation. The new authority is welcome relief for contractors and subcontractors holding fixed-price defense contracts, which typically do not allow a price increase due solely to inflation.

Price 40

Price Accountability Negotiation Demand 40

Federal News Network

NOVEMBER 2, 2023

Parts of it were fixed price and parts of it were cost-plus. And so when DOE you wanted to see their internal records, it sounds like the company was worried that they would see the DOE would see their records concerned with the fixed price, which is none of the government’s business. There were actually two different audits.

Government 58

Government Government Contract Price 58

Tracker Intelligence

SEPTEMBER 26, 2024

Public and private sector tenders have stringent requirements which have to be followed, for instance, offering detailed pricing, commitment to timely delivery and adhering to rules and regulations. Negotiated Tenders: These are frequently used for complex or specialised projects, when the client and contractor negotiate directly.

Tender 52

Tender Bidding Negotiation Price 52

Tracker Intelligence

FEBRUARY 16, 2025

Strict laws, such as the Procurement Act 2023 and the Public Contracts Regulations, regulate public procurement activities in order to maintain accountability and safeguard public funds. Furthermore, private businesses have more flexibility in pursuing informal tendering procedures or direct negotiation with suppliers.

Procurement 52

Procurement Tender Public Procurement Supplier 52