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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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Doing Deals: Challenges in Negotiations

The Procurement School

Author: Larry Berglund Negotiation competencies are a must in procurement. Whether in the private or public sector, you are always negotiating. Not easy to justify moving from one ERP to another IT service simply because you couldn’t find ways to negotiate better value. Multiple party negotiations?

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Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

Poorly utilized preferred suppliers with negotiated pricing. There are clear benefits in reducing and preventing tail spend, mainly around capturing higher savings from negotiated contracts, reducing supplier risk, reducing processing costs for P2P transactions and improving employee experience. We’re here to help.

Buyers 52
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Whose contract is it anyway? How AWS Marketplace works

AWS Public Sector

They might even haggle over prices if they’re buying a large amount of an item, but the organizer of the market never gets involved in this negotiation. We’re responsible for the marketplace’s functionality for both the seller and the buyer.

IT 78
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Multiple Award Schedule (MAS) Pricing Paradoxes

The CGP

Contracting officers must assess, analyze, and apply these factors when reviewing an offeror’s proposal and negotiating fair and reasonable pricing. GSA, to its credit, deleted this language from its solicitation, but the impact of this language on contract negotiation still is rippling through the system.

Price 100
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Final EU model contractual AI Clauses available -- some thoughts on regulatory tunnelling

How to Crack a Nut

The model AI clauses have been developed by reference to the (future) obligations arising from the EU AI Act currently under advanced stages of negotiation. This would directly translate into a risk of gaming (or strategic opportunism) in the choice between ‘demanding’ vs light version of the model AI clauses by public buyers as well.

Buyers 88
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AWS Marketplace myth busting for state and local government agencies

AWS Public Sector

According to Forrester, “AWS continues to raise the bar for transacting and contracting, with real dollar benefits…[and] continues to work with procurement executives and other technology buyers to ensure its marketplace is solving their buying challenges.”