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1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. As such, the government is once again looking to increase these thresholds in light of the inflation that has occurred over the past five years. million to $9.5
“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.
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.
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.
. § 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.
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?
As a threshold matter, it is important to note that the remaining 85 percent of supplies and products are ordered manually across the VA. An automated ordering platform would provide VHA with the opportunity to leverage the pricing and value associated with the suite of products offered via the MSPV program and other VA contracts.
124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 What happens when an agency decides that instead of competing a five-year contract to 8(a) companies, it will just sole source five one-year contracts at the sole source dollar threshold to an 8(a) company?
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.
On top of this, it also would allow DoD contracting officers to sole source contracts to VOSBs if the contracts are below certain dollar thresholds. Congress Takes Next Step Towards VOSB Expansion first appeared on SmallGovCon - Government Contracts Law Blog. This new provision would also set up a VOSB contracting goal for DoD.
The result– the market has turned into almost a monopoly where there is one dominant provider and the threshold for other vendors is so high that entry is incredibly difficult. In light of existing rules, vendors can deter competition by driving prices down in competitive tenders.
The blog outlined the significant differences between the Buy American Act (BAA) and the Trade Agreements Act (TAA). This blog continues to explore the mixed supply chain messages the federal government is communicating to the industrial base. The Small Business Rules: Is the Price Right for Products Made in China?
To achieve this it will impose a carbon price on imported goods with the aim of levelling the playing field and ensuring that imported goods are subject to a carbon price that is comparable to that incurred by manufacturers based in the UK. The CBAM proposal forms part of the UK government’s wider strategy to tackle carbon leakage.
On August 5, 2024, the General Services Administration (GSA) took a step forward by publishing a final rule to “standardize and simplify the Multiple Award Schedule (MAS) clauses for economic price adjustments.” The GSAR, as currently written, limits when, how often, and by what percentages prices can be adjusted.
Roundtable participants said under a certain threshold (around $100K for services and $25K for goods) their client departments have full discretion on how to source. If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option.
The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product. For large business offerors the price preference added to non-domestic offers is 20%, and for small business offerors it is 30%.
More information on the CBSA’s CARM Release 2 is outlined in our prior blog, available here. Generally, the amendments propose that the declared value for duty would be the price of the last “transaction” that causes the goods to be imported into Canada, where “transaction” is defined as “agreements, understandings or arrangements.”
The most important innovation, acknowledging the weakness of the existing mechanisms, such as transfer pricing and thin capitalization rules, is the transfer of income from low tax countries to other countries with taxation rates over 15%. This blog is based on the publication (in Spanish) New International Corporate Taxation.
Two categories of successful protest arguments discussed in our previous blog are Improper Past Performance Evaluations and Flawed Best Value Analyses. 2] This procurement utilized a lowest priced technically acceptable source selection methodology. In RELX, Inc. ,
In this blog post, I offer some thoughts on the PPDS, its functional goals, likely effects, and the quickly closing window of opportunity for Member States to support its feasibility through an ambitious implementation of the new procurement eForms at domestic level (on which see earlier thoughts here ). prices) ’ (at 7, fn 17).
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. The CMMC 2.0
PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. Given the significant pricing policy changes outlined in the PAP, it should have been subject to public review and comment. The questions all go to the integrity of the data being used to assess fair and reasonable pricing.
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.
This Part I blog will briefly explain what the Rule of Two is and detail SBA’s proposed update to it. But keep your eyes out for the soon-to-follow Part II blog on this topic. But rest assured, in the brief time since this proposed rule’s issuance, we at SmallGovCon have had the wheels turning.
“Maximize orders to small businesses under the simplified acquisition threshold (SAT) to the maximum extent practicable.” The post OMB Issues Command to Increase Small Business Participation on MACs first appeared on SmallGovCon - Government Contracts Law Blog. Make BICs work for small business.
Catalogs are standardized at the BPA level to make it easier for customers to compare services and associated prices. FinOps: At first, contractors were required to monitor and automatically suspend cloud services when consumption reached certain thresholds. The contractor must also notify the eligible users.
Pricing details included in the prospectus. The second set of rules, which are the subject of this blog, are issued under Title 48 and will be placed in DOD contracts and refer back to the Title 32 rules. Thank you to our current sponsors of the Fall Training Conference! The CMMC 2.0
The second set of rules, which are the subject of this blog, are issued under Title 48 and will be placed in DOD contracts and refer back to the Title 32 rules. The only exceptions are for contracts solely for the purchase of Commercial Off-the-Shelf items or contracts under the $10,000 micro-purchase threshold. The CMMC 2.0
GSA Highlights the Benefits of TDR In a blog post , Greg Rollins, GSA’s Transactional Data Reporting (TDR) Program Manager and Deputy Assistant Commissioner in the Federal Acquisition Service (FAS) Office of Policy and Compliance, highlighted how FAS has improved data collection at the line-item level through TDR. Government (e.g.,
Pricing details included in the prospectus. The second set of rules, which are the subject of this blog, are issued under Title 48 and will be placed in DOD contracts and refer back to the Title 32 rules. Your brand will be seen repeatedly, reinforcing your company’s presence and commitment to the industry.
FAR & Beyond: Thoughts on “What is Fair and Reasonable? Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Pay a Fair and Reasonable Price ).
4, 2024 first appeared on SmallGovCon - Government Contracts Law Blog. Small Business Administration to Host 11th Annual National Veterans Small Business Week Nov.
The changes include allowing contracts that fail to meet sales thresholds to expire, removing items with insufficient customer demand, addressing contractor noncompliance, and reducing procurement redundancies. Complexity increases risk which increases costs which leads to higher prices. Eliminate the Price Reduction Clause (PRC).
The changes include allowing contracts that fail to meet sales thresholds to expire, removing items with insufficient customer demand, addressing contractor noncompliance, and reducing procurement redundancies. Complexity increases risk which increases costs which leads to higher prices. Eliminate the Price Reduction Clause (PRC).
On the other hand, this was also beneficial to consumers reliant on eCommerce stores offering competitive prices, reduced taxes, and a wide range of selection. Phasing out the low customs value consignment relief appeared first on Import and Trade Remedies Blog. The post South Africa: Do all good things come to an end?
At the same time, the Government also published its response to the public consultation undertaken by HM Revenue & Customs (HMRC) and HM Treasury (HMT) earlier this year (on which we previously posted a blog ). The UK government has also proposed changing the minimum registration threshold from £10,000 to £50,0000.
This blog post analyses the key changes and their potential impact on arbitration in Qatar further to the previous bog post. Future adjustments to QICCA’s threshold remain to be seen. According to Price Waterhouse Cooper, the Gulf countries, including Qatar, are expected to remain financially resilient.
Stakeholders must appreciate and understand that there is a nexus between requirements and price, especially for small businesses. Data context in assessing fair and reasonable pricing is foundational to sound acquisition business decisions. This blog describes key actions taken to implement the Cyber EO, as well as the U.S.
“This guidance takes an important step in ensuring our diverse base of small businesses have opportunities in a greater diversity of acquisition strategies,” said Small Business Administration Administrator Isabel Casillas Guzman in a blog posted by the Office of Management and Budget today. “By
The second author, Jay Blindauer, is the firm lawyer for Blindauer Law PLLC (“BLP”), which is hosting this legal blog. Disclaimer: This blog piece is not, nor is it intended to be, legal advice. Consequently, reading this blog piece is not a substitute for engaging a lawyer and obtaining actual legal advice.
These MAS adjustments will allow FAS to streamline the buying process, provide access to competitive pricing and quality products and services and minimize the time that agency customers will need to make buying decisions, said Josh Gruenbaum, the commissioner of the Federal Acquisition Service at GSA, in an email statement to Federal News Network.
As we have pointed out in past Veterans Day blogs, the holiday originally commemorated the armistice issued at 11:00 a.m. You might consider taking time to revisit the individual heroism we discussed in previous blogs, like the stories of Harlem Hellfighter Henry Johnson ; Fr.
GSA Acting Administrator Shares Vision for GSA This week, GSA’s Acting Administrator Stephen Ehikian shared the following blog outlining his vision for the agency’s future. Thank you to our current Spring Training Conference Sponsors! We have already kicked off this effort with four agencies.
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