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The FAR Council notes that the figures are based on a consumer price index for March 2025 of 323.193 (although we are not sure what this number consists of). If the actual consumer price index differs, the figures may be adjusted. These are not necessarily the final figures that will be utilized.
“Fair and Reasonable” MAS contract level pricing is impacted by a host of factors. Contracting officers must assess, analyze, and apply these factors when reviewing an offeror’s proposal and negotiating fair and reasonable pricing. Read the recent FAR & Beyond blog on this topic here.
Tennessee construction attorney Matthew DeVries has described the outcome of an Alabama court case in which a bidder left out the word "thousand" in a bid price and was held to the significantly lower bid amount by the public agency. Click here to read Mr. DeVries brief blog post on this court case. Purdy Associates, LLC - [link]
Laura Stanton, GSAs assistant commissioner for the IT category, wrote in a new blog posted today that an interagency team led by OFPP and GSA have come together on 24 standardized contract terms and conditions that will make up the new contract. While DoD has had limited success with its ESI, civilian agency efforts have mostly fallen flat.
If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. Accordingly, issuing an order based on non-FSS pricing under an FSS acquisition would be improper. B-421917.2,
Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.
We often see price realism in protests when the protester is making the claim that the awardee’s price, which was lower than the protester’s price, is low enough that the awardee would not be able to perform the work as solicited. Most often, GAO will determine that the agency’s price realism analysis was acceptable.
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. We look forward to followers of the FAR & Beyond blog providing their recommendations for the GPEL. Embrace dynamic pricing models that leverage competition from the commercial market.
Invitation to Bid: Public agencies that issue an Invitation to Bid (or a Request for a Quote) have defined a specific scope of work for which they are requesting bid prices. Making the decision of award will be based on price alone. How much is price worth? Click here for a blog that I wrote explaining this in more detail.
When thinking about benchmarking the most common area that is reviewed is price, but as we know (and as mentioned in previous blogs) price is not the sole factor. price Benchmarking methods vary depending on the results sought and the areas being reviewed.
As such, the fact that the Army received any work during October 2013 obligated it to pay the full contract price for that month. As noted at the outset of this blog, shutdowns are expensive, and should be limited as much as possible. These cases were completely unlike Amaratek’s case because the performance unit was months.
254b that requires government contractors to submit cost or pricing data in their bids and to certify. Read more » The post How to Avoid Truth in Negotiations Act TINA Pricing Criminal Liability appeared first on Watson & Associates LLC Government Contracts Blog. . § 2306a, 41 U.S.C.
For qualified HUBZone mentor-protégé joint ventures, SBA is considering how to “clarify the applicability of the HUBZone price evaluation preference to” HUBZone mentor-protégé joint ventures. The post Are Mentor-Protégé Joint Ventures Just Too Successful, Asks SBA first appeared on SmallGovCon - Government Contracts Law Blog.
As discussed previously in this FAR and Beyond blog, the General Services Administration (GSA) has proposed to amend the Competition in Contracting Act (CICA) of 1984 to adjust the statutory authority for the Federal Supply Schedule (Schedule) program by clarifying what constitutes “competitive procedures” under the law.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.
To stay up to date, subscribe to our GovCon & Trade blog. Third, the Treasury Department’s Office of Foreign Assets Control (OFAC) designated a United Arab Emirates (UAE) shipping company for violating the oil price cap. If you have questions about any actions addressed in the Roundup, please contact the international trade team.
To stay up to date, subscribe to our GovCon & Trade blog. Overview November saw a flurry of designations involving Russian individuals and entities, including new designations against entities transporting Russian oil below the $60 price cap. We welcome your feedback and encourage you to share this newsletter.
Cost-effective for experimenting – Pay per use, no licensing fees, and no upfront costs with access to high-performing foundation models (FMs) from leading AI companies such as: AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon using the Amazon Bedrock On-Demand Pricing model without any upfront licensing costs.
Last weeks FAR & Beyond blog launched the Coalitions Government Procurement Efficiency List (GPEL) for the new federal market. We look forward to followers of the FAR & Beyond blog providing their recommendations for the GPEL. Embrace dynamic pricing models that leverage competition from the commercial market.
In federal government contracting news this week, be sure to check out the stories about the new sustainability rules (and our recent blog ), as well as new legislation on solicitation language and buying technology. It’s wonderful weather for all those recently planted gardens, however, as long as the storms aren’t bad!
Keeping with the title and theme of the Coalition’s Fall Training Conference, “ What is Fair and Reasonable,” this week’s blog addresses what is fair and reasonable transparency. Look for next week’s blog to continue the focus on “What is fair and reasonable transparency?”
The AOP Key Price Drivers is a content offering created in partnership with ProcurementIQ that looks at the direction of. The post Key Price Drivers – Domestic Air Travel appeared first on Art of Procurement.
There are two different stages in which a market study must determine the price: 1) before the issuance of the initial bidding decision and 2) during the analysis of the reasonability of the price. The post Price Reasonability in the New Public Procurement Law appeared first on BLP Legal.
. § 124.506 states that a solicitation must be competed among 8(a) Program participants if there is a reasonable expectation that at least two eligible 8(a) Program participants will submit offers at a fair market price, the anticipated award price will exceed $7 million for manufacturing NAICS and $4.5 million or less for all others.
Uncertainty reigns over the impact of post-entry adjustments of provisional customs values, mainly in the context of retroactive transfer pricing adjustments. Firstly, a case is pending before the German Federal Fiscal Court ( Bundesfinanzhof ) addressing the customs treatment of upward retroactive transfer pricing adjustments.
Our cross-practice panel of international and regional specialists will walk through case studies and provide practical guidance on the key corporate, commercial, regulatory, transfer pricing, VAT and customs issues. Please register your interest by 19 April 2024 as spaces are limited and mark your calendars.
The post Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts appeared first on Capital Edge Consulting. Contact the experts at Capital Edge Consulting today. Call: (855) 227-3343 or Email: info@capitaledgeconsulting.com Connect With Us!
Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a price evaluation penalty to the offeror with the lowest priced foreign end product of 20%. What is a Domestic End Product?
Offerors are sometimes distressed when an agency selects a significantly higher priced, higher technically rated proposal in a best value determination. This blog only discusses the challenge to the best value tradeoff, which was required by the Solicitation, and which contemplated a cost plus award fee contract. B-422040, Jan.
Senate Approps target OTA transparency, MTA delays Former Contracting Officer for Department of Defense Sentenced for Conspiracy to Defraud the Government Federal contractor will pay $400K, make 30 job offers to resolve DOL hiring bias claim GSA releases updated standards to accelerate federal buildings toward zero emissions The wave of new procurement (..)
Case studies: In Colombia , rather than the government trying to document and standardize all possible technologies, the framework agreements created for the IT sector link directly to the providers’ public web pages, which list all of their services and prices.
Study: Growing Indian middle class on Nebraska reservation defies odds GSA Purchased Chinese-Manufactured Videoconference Cameras and Justified It Using Misleading Market Research DoD’s new memo puts stricter requirements on cloud providers Protests restart over CIO-SP4 It’s time to rethink GovCon pricing to align with post-pandemic reality Technology (..)
On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”
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.,
The Rule of Two is the federal contracting rule requiring agencies to set aside a solicitation for competition only between small businesses when there are at least two small businesses that could do the work for a fair price. You can read more about that in this previous SmallGovCon blog post. But that rule does have some exceptions.
The post 2024 GAO Bid Protest Report: Numbers Down, Effectiveness Still Even Odds first appeared on SmallGovCon - Government Contracts Law Blog. Sign up here for our free monthly newsletter , and follow us on LinkedIn , Twitter and Facebook.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. GSA’s current use of algorithms and pricing data is instructive in this regard.
The proposed Rules are intended to formalise the process for reporting transfer pricing adjustments impacting customs values declared to SARS at the time of importation. The post South Africa: Formalising transfer pricing and customs valuation procedures in South Africa appeared first on Import and Trade Remedies Blog.
For example, open market, government credit card orders typically include increased fees for products that are offered at higher prices than available through the MSPV program and create compliance or gray market risks.
This may include pricing, financial information which could affect the outcome of a future bid, intellectual property and trade secrets. You can also sign up to our mailing list for blogs, FAQs and regular updates here. Commercial sensitivity will be an important ground for suppliers to understand.
The RFQ was for the award of a contract to the offeror that offered the “lowest-price technically acceptable quotation considering price and technical acceptability.” The post GAO: Brand Name or Equal RFQ Must Explicitly State All Salient Characteristics first appeared on SmallGovCon - Government Contracts Law Blog.
SBA’s proposed rule would change HUBZone protests appeals, principal office requirements (which we did discuss a bit before here ), HUBZone map concepts, and the HUBZone price evaluation preference (PEP). PEP (Price Evaluation Preference) Finally, we look at proposed changes to the HUBZone PEP.
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