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Past Performance Information: The bill would allow bidders in federal procurements to submit information related to their performance on commercial or non-government projects as relevant past performance. To register for this members-only meeting, click here. Virtual attendance will also be available.
Manufacturing contracts above $15,000 fall under the Walsh-Healey Public Contracts Act, which enforces labor standards, including minimum wage and safety requirements. Certain modifications may necessitate preliminary pricenegotiations to protect the governments interests.
Take, for example, a DoD supply contractor that is working under a fixed-price contract/order that presumes 70% of the unit price being the cost of materials, and 10% being labor/fringe. manufacturing sector ( National Compensation Survey Code 300000; NAICS Code Series 31-33 )). [43] 43] And assume the ECI shows a 5.1%
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