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

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. which applies to contracts with commercial organizations. Subsequent articles will address the allowability of selected items of cost.

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

Public Contracting Institute

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. 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.

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Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts

Public Contracting Institute

Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts As a government contractor, securing federal contracts is crucial for business growth and success. One critical aspect of winning government contracts is achieving FedRAMP certification.

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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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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, Government stop work orders should not last more than 90 days. Our next session will cover FAR Part 42 and 43.

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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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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

Jay Blindauer A contractor takes on a Government contract to make money, and inflation is getting in the way. With inflation eroding value for this long, a Government contractor may need to obtain contract relief. because, in part, “the government receives consideration for the increase.”). United States , 52 Fed.