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Understanding Firm Fixed Price Contracts: Benefits and Risks for Government Suppliers

Public Contracting Institute

Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project. Here are some key areas to explore: Contract administration Effective contract administration is crucial for success with FFP contracts.

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Season 11: Episode 22: FAR Facts

Public Contracting Institute

Our next episode will cover FAR Part 42 (Contract Administration and Audit Services) and Part 43 (Contract Modifications)! See FAR 42.1204(i) (standard Novation Agreement, Article (b)(8)). As a general rule, contracting officers are the only Government employees that have the authority to change the terms of a contract.

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Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts

Public Contracting Institute

One critical aspect of winning government contracts is achieving FedRAMP certification. In this article, we’ll demystify the FedRAMP certification process and provide you with the knowledge and resources needed to secure your place in the competitive federal contracting landscape.

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Season 10: Episode 22 “FAR Facts”

Public Contracting Institute

F AR Part 42 will cover Contract Administration and Audit Services and FAR Part 43 will cover Contract Modifications ! See FAR 42.1204(i) (standard Novation Agreement, Article (b)(8)). As a general rule, contracting officers are the only Government employees that have the authority to change the terms of a contract.

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Federal Circuit Narrows FASA Task Order Bar; Expands “Interested Party” Standing

Government Contracts Legal Forum

Whether a “flood” of putative subcontractors will have visibility into ongoing contracting activity and potential statutory violations arising therein remains to be seen. The post Federal Circuit Narrows FASA Task Order Bar; Expands “Interested Party” Standing appeared first on Government Contracts Legal Forum. 1491(b)(1).

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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

Government Contracts & Investigations

which applies to contracts with commercial organizations. This article addresses the applicability of the FAR Cost Principles and their general criteria for determining the allowability of costs. Subsequent articles will address the allowability of selected items of cost. 19] KBR Servs., 57530, 19-1 BCA ¶ 37,205. [20]

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Are You Curious About Oral Presentations?

NIH NITAAC

Everyone does, here’s how: Contracting Program Industry Can seek constructive feedback and correct areas that are incomplete or ambiguous. To conduct oral presentations, a best practice is having a process plan in place and publishing certain elements of it in the solicitation (see sample at the end of this article).