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How do I get governmentcontracts? This article simplifies the process: understanding the basics, finding the right opportunities, preparing your business, and crafting winning bids. For small businesses, engaging with governmentcontracts opens doors to new customers and revenue opportunities.
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.
If you feel like prices for just about everything are going up, you’re not alone. In federal governmentcontracting, however, a contractor may not have the same leeway to raise its prices. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper. Asking for a friend.
In this episode, they dive into the definition of cost or pricing data. It All Adds Up” is Crowell & Moring’s podcast covering the latest governmentcontract accounting, cost, and pricing developments. View the full article Spoiler alert: the devil’s in the details. “It
We recently authored an article for Reuters examining Commercial Solutions Openings, a contracting mechanism through the Department of Defense (DoD), which seeks innovative commercial technologies or services. Award: CSOs are awarded on a fixed-price basis and include fixed-price incentive contracts.
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.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the third article in a multi-part series on the Federal Acquisition Regulation (“FAR”) Cost Principles applicable to contracts with commercial organizations.
Some articles we’ve highlighted this week include multiple takes on the new CMMC rule finalized by the Pentagon, and a updates on DoD spending. Hello, SmallGovCon readers. We hope you are enjoying some nice fall weather wherever you are, here in Kansas our temperatures are finally down in the 70s, which has been a welcome relief.
Firm fixed price (FFP) contracts are a common type of agreement used in governmentcontracting. 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.
Creating a Comprehensive List of GovernmentContracts: Essential Tips and Resources Are you looking to expand your business by securing governmentcontracts? The GovCon Express course offered by the Public Contracting Institute is an excellent starting point for those new to governmentcontracting.
You can read more about these topics in the articles below. In cybersecurity, CISA’s CDM program is set to tackle emerging threats in the cloud, while the Department of State is piloting AI adoption to improve operations. Have a great weekend!
Want to expand your small business with governmentcontracts? This article covers how a small business government contractor can qualify, find opportunities, and thrive in this space. We’ll explore essential resources, strategies for winning contracts, and compliance requirements.
In light of the increased audit activity focusing on defective pricing issues, this article surveys recent defective pricing cases, specifically those decided since the turn of the century.
This article will explore what is prime contractor roles, responsibilities, and the importance of prime contractors in government projects. Key Takeaways Prime contractors, central to federal contracts, manage and ensure compliance with government projects, hiring subcontractors and overseeing all aspects from start to finish.
Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. The rejected offeror may believe that the government has not properly conducted the best value determination, and request a quantification of the benefits in the higher rated proposal.
Diving into governmentcontracting with SAM requires a clear roadmap to success. SAM.gov stands as a crucial portal for businesses seeking federal contracts. This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy.
Small business enterprise certification, particularly MWBE certification, helps minority and women-owned businesses secure governmentcontracts and receive valuable support. This article covers what MWBE certification is, how to obtain it, and the benefits it brings.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. DCAA, DCAM ¶ 6-413.1.c. 18] See FAR 31.205-6. [19]
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part series on the Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations.
What is the Truthful Cost or Pricing Data Act, formerly known as the Truth in Negotiations Act? When are contractors and subcontractors required to provide certified cost or pricing data? Listen : Crowell.com | PodBean | SoundCloud | Apple Podcasts The post It All Adds Up appeared first on GovernmentContracts Legal Forum.
To set the groundwork for future episodes, Nicole Owren-Wiest and Erin Rankin talk fundamentals: What is the purpose behind the often counter-intuitive and complex governmentcontracts cost and pricing rules? What are the various price analysis techniques available to the world’s largest buyer of goods and services? “It
Our Two Cents In this second inaugural episode of It All Adds Up, Nicole Owren-Wiest and Erin Rankin riff on why they care so much about governmentcontracts cost and pricing – and why you should, too. “It View the full article
Crowell & Moring’s “Fastest 5 Minutes” is a biweekly podcast that provides a brief summary of significant governmentcontracts legal and regulatory developments that no governmentcontracts lawyer or executive should be without. View the full article
The post GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings appeared first on GovernmentContracts Legal Forum. View the full article
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Securing a contract with the government can be a game-changer for businesses, offering a stable revenue stream and growth opportunities. This article will guide you through the essentials of governmentcontracting, from understanding different contract types to the steps required to secure a contract with government.
In this article, we’ll decode CAS and provide you with best practices to help you stay on top of your game. Understanding the basics of CAS Cost Accounting Standards are a set of 19 standards that govern the measurement, assignment, and allocation of costs to governmentcontracts.
However, navigating the complex world of public sector contracting can be challenging. In this article, we’ll explore key aspects of government construction projects and provide insights to help you secure contracts and achieve success.
As we prepare for our 15th episode of Season 11, here are a few Episode 15 FAR Facts for us to think about: Under the Buy American Act, a foreign end product may be purchased if the contracting officer determines that the price of the lowest domestic offer is unreasonable or if another exception applies. FAR 25.001(a)(1). FAR 25.701.
In this article, we’ll skip over the “basics” of SBA’s MPP (which you can read all about here ) and instead, jump right into the last few common misconceptions surrounding the program (you can read about the first few in Part I ). Looking for the latest governmentcontracting legal news? and 13 C.F.R. Questions about this post?
3455 to provide additional guidance regarding data requirements needed to support determinations of commerciality and price reasonableness under procurements for major weapon systems. The final rule also impacts the government’sprice reasonableness analysis for products relying on the “minor modification” definition.
The most prevalent grounds upon which GAO sustained protests in FY 2023 were (1) unreasonable technical evaluations; (2) flawed selection decisions; and (3) unreasonable cost or price evaluations. appeared first on GovernmentContracts Legal Forum. View the full article
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In making the award, the SSA had noted the price differential between TSG’s higher-rated, more expensive proposal and Sparksoft’s lower-rated, less expensive one, but concluded that TSG’s “distinguishing positive features” justified its price premium. View the full article We would like to thank Cherie J.
concluding that the agency’s market research was insufficient to support the agency’s conclusion that it would likely receive quotes from at least two responsible small business concerns at a fair market price. View the full article Rule of Two protests can come in two flavors. Owen, Consultant, for her contribution to this alert.
This standard ensures consistency and fairness in cost accounting practices across government contractors. To truly grasp the importance of CAS 407, it’s essential to have a solid foundation in governmentcontracting principles.
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FAR 31.205-20 makes interest unallowable, however, cost of money is not interest based on the CAS Board and is allowable (see our article Interest is Unallowable – How is That Possible ).
In deciding whether to set aside a procurement, the FAR requires agencies to perform a “Rule of Two” analysis to assess whether the agency has a reasonable expectation that offers will be received from at least two responsible small business concerns capable of performing the contract, and award will be made at a fair market price.
Key provisions of the Proposed Rule would: Prohibit federal contractors and subcontractors from seeking and considering information about job applicants’ compensation history when hiring or setting pay for personnel working “on or in connection with” a governmentcontract or subcontract. View the full article
On appeal before the Board, the Government again raised the sovereign acts defense. Contractors should examine the circumstances and impacts carefully to ensure that they request equitable adjustments to the contractprice where appropriate. View the full article
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