Public Contracting Institute

APRIL 23, 2024

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.

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SmallGovCon

DECEMBER 20, 2024

For example, according to a report published by the White House Office of Management and Budget (OMB), the 2013 shutdown was estimated to reduce Gross Domestic Product growth by between $2 and $6 billion. ” In addition, the Antideficiency Act also might restrict an agencys ability to obligate new funds under existing contracts.

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Government Government Contract Government Contracts 105

Tendersinfo

MARCH 24, 2021

The Procurement Team involves divisions like Procurement Manager, Budget Holder, Management of the contract, and representatives of different sectors. The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful.

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Public Procurement Procurement Tender Bidding 52

Procurement Notes

MARCH 5, 2024

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%

Government Contracts 52

Government Contracts Government Government Contract 52

Great Government Through Technology

SEPTEMBER 10, 2024

Standardized reporting: Customers require visibility into financial information for contract administration, cost control, chargeback and budget management/forecasting (i.e., Catalogs are standardized at the BPA level to make it easier for customers to compare services and associated prices.

Thresholds 52

Thresholds Supply Chain Data Accountability 52

The Coalition for Government Procurement

NOVEMBER 2, 2023

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.” Emphasis added.)

Supply Chain 52

Supply Chain Price E-procurement Contract 52

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. Each contract type has specific uses and benefits, which are important for any business aiming to work with the government.

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