Remove Article Remove Bidding Remove Price
article thumbnail

Agency Could Not Accept Price Above Awardee’s FSS Price, GAO Says

SmallGovCon

If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. then filed a bid protest with the GAO, challenging various aspects of CMS’s evaluation. B-421917.2,

Price 81
article thumbnail

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. We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

New suppliers are entering the market and bidding more actively too. This undermines business confidence, leading to low competition and higher prices for goods and services. The renewed Public Procurement Law , which came into force on January 1, 2025, removed the obligation to re-tender after failed tenders with one bid.

article thumbnail

Price Reasonability in the New Public Procurement Law

BLP

Through the official letter MH-DCoP-OF-0458-2023 of the Public Procurement Directorate of the Ministry of Finance, an interpretation has been made of Article 44 of the Regulations to the new Public Procurement Law regarding the obligation of the Administration to conduc t market research.

article thumbnail

Government Construction Projects: Bidding and Winning Strategies for Success

Public Contracting Institute

Government Construction Projects: Bidding and Winning Strategies for Success Government construction projects offer significant opportunities for businesses to grow and thrive. To succeed in this competitive arena, it’s essential to understand the bidding process and develop winning strategies.

Bidding 52
article thumbnail

In Best Value Determination Agency is Not Required to Quantify Benefits of Higher Priced Technically Rated Proposal

Public Contracting Institute

Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. Jacobs protested that the agency had failed to reasonably justify the award at a $37 million (32 percent) price premium. Bulova Techs, LLC, B-281384, Feb.

Price 52
article thumbnail

August 2024 Bid Protest Sustain of the Month

Government Contracts Legal Forum

As Summer Comes to a Close, So Does GAO’s Sustain Drought In last month’s Bid Protest Sustain of the Month installment, we noted that GAO was suffering from a sustain drought, having failed to issue a single sustained protest decision in the month of July. View the full article But it appears that drought is over!