Federal News Network

FEBRUARY 29, 2024

chairman of Homeland Security and Governmental Affairs Committee, and Joni Ernst (R-Iowa), ranking member of the Small Business and Entrepreneurship Committee, are trying to correct a misunderstanding of congressional intent when it comes to how and when agencies should consider price when reviewing proposals for contracts.

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Government Contracts & Investigations

DECEMBER 6, 2023

As contracting activities are busy awarding new contracts, it is important to follow the trends related to successful and effective protests as you consider filing your own bid protest, or as you defend your award as an intervenor. Below we dive into recent bid protest decisions and identify what won, what did not win, and why.

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GovCon Wire

JUNE 12, 2024

Space Command’s Joint Navigation Warfare Center under a $450 million indefinite-delivery/indefinite-quantity contract. The Space Acquisition Integration Office at Peterson Space Force Base in Colorado received five bid offers for the firm-fixed-price contract and will obligate $14.3

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SmallGovCon

DECEMBER 21, 2023

17, 2023) , GAO looked at this issue in the context of a lowest-price, technically acceptable (LPTA) solicitation for a brand name or better product, with an unexpected ending that the protester surely did not see coming. This is essentially Federal Government Contracting 101 and applies to any type of solicitation. In RELX, Inc.,

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GovSpend

MARCH 18, 2024

The agenda promised insights into vendor verification, sourcing new vendors, validating pricing against historical purchase orders, market research, and tailoring bids and RFQs for success. To further illustrate the importance of price validation, Paige then walked the audience through a spending search for Chromebooks.

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Federal News Network

OCTOBER 19, 2023

After two years of planning, meetings, feedback and answering almost 900 questions about the final solicitations, vendors’ bids are due tomorrow. That’s a pretty unique feature of this indefinite delivery, indefinite quantity (IDIQ) contract. I’m not really sure that message has really gotten out completely.

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Select GCR

SEPTEMBER 17, 2024

Key Takeaways Understanding the different types of government contracts—fixed price, cost reimbursement, and time and materials—is crucial for businesses to manage risks and costs effectively while engaging with government projects. There are three primary types of contracts: fixed price, cost reimbursement, and time/materials contracts.

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Tracker Intelligence

FEBRUARY 28, 2024

A formal call for bids on a project, known as a tender, initiates the bidding process among prospective contractors. This process includes several crucial steps: tendering by the bidders, bid evaluation by the client and award of the contract to the successful bidder. What is a Tender Document in Construction?

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SmallGovCon

FEBRUARY 19, 2024

124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 Peregrine) and compete the second part, worth $43 million, for 8(a) participants to bid on. Under 13 C.F.R. million for others), in most cases, the agency must compete the set-aside.

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SmallGovCon

FEBRUARY 22, 2024

For those unfamiliar with Seaport-NxG, it is both a set of Indefinite Delivery Indefinite Quantity (IDIQ) MACs and the platform used by the Navy to solicit, award, and administer task orders under those IDIQ MACs. Department of the Navy awarded Forward Slope a place on the Seaport-NxG Multiple Award Contract (MAC).

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PNWC's Government Contracting Update

DECEMBER 23, 2019

This could reduce the number of bid protests because sometimes, information secured through a bid protest is the only way for offerors to fully understand why they were not selected for a particular contract. We have been discussing some of the procurement related provisions buried in the bill.

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The Procurement School

MAY 27, 2024

Even more so now, seasoned professionals in the construction industry have seen budgets disrupted considerably by fluctuations in pricing and lead times that have shredded carefully drafted cost estimates and project schedules. This risk absorption is directly reflected in bid prices.

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Public Contracting Institute

DECEMBER 6, 2023

The solicitation required proposals to include an Attachment 1 (pricing schedule), an Attachment 8 which listed the salient characteristics (specifications) for each item requested, and an Attachment 9 (a pricing crosswalk that contained two columns: one column contained every item description proposed and quantity of the items proposed while the other (..)

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Public Contracting Institute

NOVEMBER 22, 2023

The solicitation required proposals to include an Attachment 1 (pricing schedule), an Attachment 8 which listed the salient characteristics (specifications) for each item requested, and an Attachment 9 (a pricing crosswalk that contained two columns: one column contained every item description proposed and quantity of the items proposed while the other (..)

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Select GCR

MAY 14, 2024

For example, FAR Part 14 deals with the rules and regulations for sealed bidding procurement methods, while Part 45 provides rules on contractors’ obligations and the Government’s remedies, addressing scenarios such as Government Furnished Equipment (GFE) situations and bring your own device (BYOD) situations.

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Curbing Corruption in Government Contracting

JANUARY 21, 2020

the quantity and depth of new information) and whether new information is actionable for key stakeholders such as bidding firms; and (ii) the nature of demand for transparency, that is the existence of data users who are willing and able to act upon the information published. However, the average number of received bids increases by 0.5

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The Coalition for Government Procurement

OCTOBER 24, 2024

This year’s tables include: November 20: GSA MAS PMO GSA Pricing Tools Medical/Surgical Supply BPAs SAM.gov PMO VA Federal Supply Schedule (FSS) November 21: VA FSS Community Care Network (CCN) View the agendas for more details. Pricing details included in the prospectus. Thus, the VA set the solicitation aside for small business.

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The Coalition for Government Procurement

OCTOBER 10, 2024

During the training, Jason, Liam, and Alex will cover the following topics and more: Pricing – Transactional Data Reporting (TDR)/Commercial Sales Practices (CSP); Domestic Preferences; Supply Chain; Enforcement/Mandatory Disclosure/Ethics; Sustainability Requirements/Policy; and Bid Protests Update.

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The Coalition for Government Procurement

SEPTEMBER 26, 2024

On November 20, tables include: GSA MAS PMO GSA Pricing Tools Ask the Med/Surg Supply BPAs Ask the SAM.gov PMO VA Federal Supply Schedule (FSS) To view the draft agenda for the governmentwide day, click here. October 28 : Webinar: 2024 (2025 FCPs) Public Law Pricing Update for Covered Drugs – Click here to register.

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Select GCR

JUNE 11, 2024

If you’re exploring contract types that any government agency uses, understanding the distinctions between fixed-price, cost-reimbursement, and other specialized contracts is paramount. The two main categories of government contracts are fixed-price contracts and cost-reimbursement contracts.

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Procurement Notes

JUNE 15, 2021

Rather, CICA provides that a required debriefing is only available where competition/award is “on the basis of competitive proposals[.]” [16] “The term ‘competitive proposals’ is not defined by Bid Protest Regulations, nor is it expressly defined by statute or regulation.” [17] It uses the term offer, not bid or quote. 3703 , 10 U.S.C.

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Procurement Notes

OCTOBER 10, 2022

Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7

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The Coalition for Government Procurement

SEPTEMBER 19, 2024

Pricing details included in the prospectus. Under certain circumstances contracting officers may require continued performance fixed-price contracts if the contractor already has been paid or funds already have been obligated. 8, A3 Price Template V.2 For more information, please contact Heather Tarpley at htarpley@thecgp.org.

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GovCon & Trade

AUGUST 28, 2023

A flurry of new domestic-preference updates brings greater clarity to the requirements and imparts important lessons that government contractors should know when bidding for and performing on federal financial assistance programs. McMillen’s bid submission used foreign butterfly valves and requested a waiver, which was denied.

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Select GCR

AUGUST 27, 2024

Learn how to establish your business, tap into government needs, and bid effectively to win contracts. They submit direct bids to undertake government contracts. The prime contractor is the main builder, the one who won the bid for the project. Looking to secure a government contract? Think of it like a construction project.

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Select GCR

FEBRUARY 25, 2025

This article will show you the steps to take, from understanding different contract types to crafting a winning bid, including how to find government contracts and bidding on them. A government bid refers to a proposal or offer made by companies. If a bid is accepted, the parties will create a government contract.

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ExecutiveBiz

FEBRUARY 25, 2025

Booz Allen Hamilton has secured a spot on a firm-fixed-price, indefinite-delivery/indefinite-quantity contract to support the Naval Air Systems Command, or NAVAIR, subordinate NAVAIR commands and program executive offices.

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Select GCR

JANUARY 28, 2025

This guide breaks down the major contract types government agencies use, including fixed-price, cost reimbursement, time and materials, and IDIQ contracts. Key Takeaways Fixed-price contracts allow for clear cost expectations, pushing risk management onto contractors and fostering efficiency.

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Select GCR

APRIL 15, 2025

This article will show you how to navigate the procurement process, prepare your business, and submit winning bids. Indefinite Delivery, Indefinite Quantity (IDIQ) contracts, for instance, allow federal agencies to place task orders for an indefinite quantity of supplies or services within a fixed period, providing flexibility and efficiency.

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Select GCR

APRIL 8, 2025

Federal government contracts can be categorized into different types, including fixed-price contracts, cost-plus contracts, and time-and-materials contracts. Each type of contract has its own unique characteristics and requirements, and businesses must carefully consider these factors when bidding on federal contracts.

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The Coalition for Government Procurement

OCTOBER 12, 2023

This year’s tables include: November 15 Multiple Award Schedule (MAS) GSA Pricing Tools Customer and Stakeholder Engagement (CASE) VA Med/Surg Supply BPAs November 16 VA Federal Supply Schedule (FSS) VA Pathfinder Program Be sure to check both agendas for more details! This update aligns the OSP functionality with the RFP at Section L.5.2.1.

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Mike Purdy's Public Contracting

OCTOBER 9, 2016

Did they bid the same product you want to obtain? Did they bid roughly the same quantity you need? Was the other agency's solicitation bid recently? Did they receive more than one bid? Did they include mandated federal requirements, if you will be paying the vendor with federal funds?

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