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Thoughts on what is fair and reasonable?

Federal News Network

While the PAP’s Background section cites this definition of what is “fair and reasonable,” the PAP’s “guidance” sets standards and directives that raises questions whether, when read as a whole, it provides guidance that will result in a price and terms that are fair to both parties in a transaction. Emphasis added.) See Section 2.

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Thoughts on “What is Fair and Reasonable?    

The Coalition for Government Procurement

While the PAP’s Background section cites this definition of what is “fair and reasonable,” the PAP’s “guidance” sets standards and directives that raises questions whether, when read as a whole, it provides guidance that will result in a price and terms that are fair to both parties in a transaction. Emphasis added.) See Section 2.

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

Procurement Notes

Labor costs for which a definitive union agreement exists’);]” (9) “Allocate that part of the contract price subject to adjustment to specific periods of time (e.g., The goal is for the modification to be more of an issue of the parties responding to a performance dilemma, then it is altering the premise of the contract award.

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Friday Flash 11/03/23

The Coalition for Government Procurement

Background, of PAP 2021-05. While the PAP’s Background section cites this definition of what is “fair and reasonable,” the PAP’s “guidance” sets standards and directives that raises questions whether, when read as a whole, it provides guidance that will result in a price and terms that are fair to both parties in a transaction.