Remove Bidder Remove Manufacturing Remove Price Negotiation
article thumbnail

Friday Flash 06/07/2024

The Coalition for Government Procurement

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.

article thumbnail

Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

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 price negotiations to protect the governments interests.

article thumbnail

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

Procurement Notes

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%