Remove Balance Remove Contract Administration Remove Transparency
article thumbnail

Thoughts on what is fair and reasonable?

Federal News Network

Rather, FSS contracts include a $2500 guaranteed minimum over 20 years with the opportunity to compete for task and delivery orders. And remember, competing for orders requires consistent, long-term investment by FSS contractors above standard contract administration costs.

Price 63
article thumbnail

Watching the Watchman – New FAR Rule Opens Door to Further Feedback on Acquisition Process

SmallGovCon

To clarify, this system is not for feedback on contract administration matters. The rule creates a new contract clause, FAR 52.201-1, Acquisition 360: Voluntary Survey. The FAR Council has issued a final rule to get this feedback process started.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Thoughts on “What is Fair and Reasonable?    

The Coalition for Government Procurement

Rather, FSS contracts include a $2500 guaranteed minimum over 20 years with the opportunity to compete for task and delivery orders. And remember, competing for orders requires consistent, long-term investment by FSS contractors above standard contract administration costs.

Price 49
article thumbnail

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

Procurement Notes

For contracts being developed or negotiated during this period of unusually high inflation, an EPA clause may be an appropriate tool to equitably balance the risk of inflation between the Government and contractor. and extending the delivery schedule was a major change to the contract. Tenaglia wrote the following.

article thumbnail

Friday Flash 11/03/23

The Coalition for Government Procurement

Rather, FSS contracts include a $2500 guaranteed minimum over 20 years with the opportunity to compete for task and delivery orders. And remember, competing for orders requires consistent, long-term investment by FSS contractors above standard contract administration costs.