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. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper. B-421917.2, Asking for a friend.

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

GSA Pricing Strategy: How to Set Profitable and Compliant Rates

USFCR

The USFCR blog provides articles, news, videos, and training on government contracting, SAM.gov (System for Award Management) and SAM registrations.

Price 82
article thumbnail

CSO Requirements for Government Contractors

GovCon & Trade

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.

article thumbnail

Envision Technology Secures $249M Navy Contract for Laser System

GovCon Wire

Squad Aiming Laser System Contract The Department of Defense said Monday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract covers spare and repair parts, as well as contractor logistics support and test article refurbishment. Marine Corps with the squad aiming laser, or SAL, system.

article thumbnail

Defective Pricing Cases Since the Turn of the Century

Government Contracts Advisor

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.

Price 52
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.