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

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 89

Contract Automotive Price Negotiation 89

Select GCR

JUNE 11, 2024

If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. The two main categories of government contracts are fixed-price contracts and cost-reimbursement contracts.

Government 52

Government Government Contract Price 52

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

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

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

Federal News Network

FEBRUARY 15, 2024

It was very in-depth, and it had proposals to modernize the program, one of which is to add, a level of competition to the program to ensure that the contractors are performing with excellence and that there’s a chance to do a price competition potentially every five years for the contracts. We don’t.

Procurement 93

Procurement Price Thresholds Contract 93

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 52

Government Government Bidding Purchasing 52

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 133

Government Government Supply Chain Manufacturing 133

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

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 91

Insurance Bidding Influencing Government Contracts 91

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 85

Insurance Manufacturing Negotiation Demand 85

The Coalition for Government Procurement

AUGUST 15, 2024

He began with the Government Accountability Office before serving as Chief Counsel to the then-GSA Board of Contract Appeals. The first group of negotiated prices are for 10 Medicare Part D drugs that treat a variety of conditions including cardiovascular disease, diabetes, autoimmune diseases and cancer.

E-procurement 52

E-procurement Supply Chain Price Procurement 52

Public Contracting Institute

MAY 22, 2024

You’re Struggling with a Specific Issue or Roadblock Government contracting involves a lot of moving parts, from accounting systems to small business certifications to intellectual property. PCI offers focused training on topics like subcontract management , contract pricing , and equitable adjustments.

Consulting 52

Consulting Government Contracts Government Government 52

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 59

Government Government Contract Price 59

Select GCR

SEPTEMBER 10, 2024

To thrive in federal contracting, having an active registration on SAM is non-negotiable. Known as the Multiple Award Schedule or Federal Supply Schedule, it enables government buyers to procure a vast array of commercial products, services, and solutions at pre-negotiated prices. How often must SAM registration be revalidated?

Government Contracts 52

Government Contracts Government Government Contract 52

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

MAY 14, 2024

For instance, FAR includes a provision at 52.203-2, Certificate of Independent Price Determination, which ensures independent bids and prevents collusive pricing in government contracting. In addition, the government accountability office plays a crucial role in monitoring and evaluating the performance of these agencies.

Ethics 52

Ethics Procurement Price Procurement Contracts 52

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 102

Professional Services Import Data Balance 102

Kluwer Arbitration

DECEMBER 3, 2023

The panelists were unanimous that post-closing disputes are far more frequently arbitrated and that pre-closing disputes are more often negotiated since the parties remain eager to close their deal. The panelists were also skeptical that arbitration could be used to force a counterparty to close a deal.

Management 52

Management Negotiation Import Price 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

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

Kluwer Arbitration

MARCH 30, 2024

All in all, the panelists agreed that the increasing use of mediation and negotiation imply a change of mindset within Brazil, although there is still much room for growth. As exposed by Mr. Adell, starting at the negotiation stage, there are several situations that could lead to a dispute, such as breach of confidentiality or exclusivity.

Efficiency 52

Efficiency Negotiation Price Buyers 52

The Coalition for Government Procurement

OCTOBER 19, 2023

In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions. Data context is critical to data driven decision making.

Price 52

Price E-procurement Supply Chain Procurement 52

Procurement Notes

OCTOBER 10, 2022

Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7

Government 40

Government Government Price Contract 40

The Procurement ClassRoom

JUNE 21, 2015

Request for clarification results in an amendment to the solicitation documents , which requires an extension of submission period for bidders to take the amendment into account in their bids or proposals It is difficult to plan for possible extensions of the bid or proposal submission date.

Public Procurement 40

Public Procurement Procurement Bidder Tender 40

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

ivalua

MAY 1, 2020

Companies that maintained zero-sum, hard negotiation relationships with suppliers cannot suddenly reset those in a more collaborative mold. Many companies are facing supply chain disruptions because they did not account for this, instead focusing on assessing suppliers individually. That can’t be established overnight.

Supply Chain 52

Supply Chain Management Supplier E-procurement 52

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

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 102

Price Supply Chain Risk Management Contract 102

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 74

Government Government Purchasing Negotiation 74

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 139

Public Procurement Procurement E-procurement IT 139

Government Contracts Legal Forum

SEPTEMBER 29, 2023

Contractors should track and document any changes in workload to ensure that any increases in scope and associated cost or price adjustments are appropriately reflected in a contract modification. On fixed-price contracts, any recovery from the government will likely depend on whether the contractor is entitled to an equitable adjustment.

Government 52

Government Government Contract Insurance 52

The Coalition for Government Procurement

FEBRUARY 22, 2024

Guest speakers included: Marsha Petersen, Chief of the Pharmacy Support Branch at the Defense Health Agency Aaron Middlekauff, DoD VP of Government Accounts for Cencora (formerly Amerisource Bergen) Jay Peloquin, Senior Director of Clinical Services at Express Scripts To view a recording of the event, click here. cloud computing sector.

Inventory 52

Inventory Price Contract Supply Chain 52

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%

Government Contracts 52

Government Contracts Government Government Contract 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

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 119

Contract Transportation Transportation Price 119