Government Contracts & Investigations

OCTOBER 11, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]

Price 52

Price Government Contracts Government Government 52

NASPO

JULY 31, 2023

As local governments look for ways to stretch their budgets, many are turning to cooperative purchasing, where they can take advantage of the volume discounts states negotiate for office supplies, laptops and even specialized applications. READ MORE

Government 52

Government Government Buyers Procurement Team 52

Federal News Network

NOVEMBER 3, 2023

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 ). Emphasis added.) See Section 2.

Price 90

Price Evaluation Negotiation Purchasing 90

American City & Country

OCTOBER 8, 2024

Mitchell warns that “Agencies may have poor outcomes when a Lowest Price Technically Acceptable (LPTA) solicitation is awarded, and the public entity then goes completely hands-off and simply expects perfection with the final deliverable.” An agency’s tech-buying team should be highly inclusive with a variety of skills, Mitchell says.

Import 111

Import Competitive Bidding Price Change Management 111

Federal News Network

AUGUST 1, 2024

In general, M&A is a big consideration on the buyer side and the seller side. I often hear from small contractors that they weren’t considering a sale until a buyer approached them. For the buyer, there should be a strong business case for acquiring the contractor. subsidiary), then buyers may avoid novation.

Buyers 59

Buyers Purchasing Government Contracts Contract 59

AWS Public Sector

FEBRUARY 29, 2024

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.”

Government 80

Government Government Purchasing Negotiation 80

The Coalition for Government Procurement

NOVEMBER 3, 2023

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 ). Emphasis added.) See Section 2.

Price 49

Price Evaluation Negotiation Purchasing 49

Federal News Network

MARCH 25, 2024

Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. How is that data validated and being used to avoid bias? Sustainability.

Procurement 59

Procurement Supply Chain E-procurement Buyers 59

American City & Country

AUGUST 27, 2024

City and county governments are often key buyers of landscape equipment and supplies, says Keith McGinty , director of bids and government accounts at SiteOne Landscape Supply , a firm that sells soil maintenance products, irrigation, lighting, nursery products, tools, equipment, safety items and hardscapes in addition to landscape supplies.

Government 78

Government Government Bidding Purchasing 78

Select GCR

OCTOBER 29, 2024

HUBZone-certified businesses not only gain eligibility for set-aside contracts but also receive a 10% price evaluation preference in full and open contract competitions. Cost: provide a clear and competitive pricing structure for your services.

Government 52

Government Government Government Contracts Negotiation 52

The Coalition for Government Procurement

MARCH 22, 2024

Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. How is that data validated and being used to avoid bias? Sustainability.

Procurement 49

Procurement Supply Chain E-procurement Buyers 49

Select GCR

SEPTEMBER 3, 2024

Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Select GCR

MAY 7, 2024

Securing a contract involves preparing a competitive proposal that meets the solicitation document’s requirements, developing effective pricing strategies that balance competitiveness with profitability, and potentially navigating subcontracting and partnerships.

Government Contracts 98

Government Contracts Government Government Contract 98

Kluwer Arbitration

MARCH 31, 2024

Background On January 21, 2020, a company that produces and markets “chicken legs” (the “Seller”) signed an international contract for the sale and supply of the said product (the “Contract”), with another foreign company ( the “Buyer”) for its distribution in Brazil. The tribunal issued a default award.

Buyers 52

Buyers Balance Price Contract 52

Federal News Network

JANUARY 30, 2024

I think that the nature of service buyers, typically, they’re going to be over the simplified acquisition threshold, for all but the most modest types of programs. The idea being that they would actually use that information to look at driving lower day to day pricing on the schedules program. And we’re kind of here.

Price 59

Price Thresholds Buyers Data 59

Select GCR

SEPTEMBER 10, 2024

To thrive in federal contracting, having an active registration on SAM is non-negotiable. Not only does it serve as a gateway to numerous business opportunities, but it also acts as a marketing tool for showcasing your capabilities to potential government buyers. What is the role of GSA Schedules in federal contracting?

Government Contracts 52

Government Contracts Government Government Contract 52

Kluwer Arbitration

MARCH 30, 2024

All in all, the panelists agreed that the increasing use of mediation and negotiation imply a change of mindset within Brazil, although there is still much room for growth. As exposed by Mr. Adell, starting at the negotiation stage, there are several situations that could lead to a dispute, such as breach of confidentiality or exclusivity.

Efficiency 52

Efficiency Negotiation Buyers Price 52

Procureware

MAY 3, 2018

Buyers sometimes feel tempted to be vague in RFPs in the hope it will draw varied and innovative solutions from bidders. Encourage Vendor Innovation Structure the RFP around solving the business problem, rather than solely on the technical specifications or pricing, and you will spur vendors to propose innovative solutions.

Negotiation 40

Negotiation Bidder Bidding Price 40

Naomi Clews Consultancy

NOVEMBER 2, 2023

I'd track sales, competitor prices, conduct physical stock counts, re-visit suggested re-order quantities, determine actual re-order quantities, chase back orders, out of stock items, review lead times and search for new and alternative sources of supply. The back catalogue, non chart singles were where the serious profit margins were made.

Supply Chain 52

Supply Chain IT Warehouse Demand 52

The Coalition for Government Procurement

AUGUST 15, 2024

Healthcare Spotlight: HHS Announces Medicare Part D Negotiated Prices This week, the Department of Health and Human Services (HHS) released the final drug prices negotiated through its Medicare Drug Price Negotiation Program established under the Inflation Reduction Act of 2022 (IRA).

E-procurement 52

E-procurement Supply Chain Procurement Price 52

ivalua

APRIL 6, 2021

The complete contract lifecycle management process includes a contract request or initiation, authoring, negotiation/redlining and approval stages, execution and signature as well as obligation monitoring, renewals, amendments and expiration. Why is it Important to Manage Contracts? Usage of approved language helps to speed up approvals.

Management 52

Management Contract Contract Management Supply Chain 52

ivalua

SEPTEMBER 10, 2019

Too many suppliers in one category may mean it’s time to simplify or negotiate better pricing with fewer vendors. The ability to pay on time suggests procurement has negotiated good terms for the business and that finance runs its part of the payment process effectively.

Supplier 56

Supplier Electronics Negotiation Finance 56

GovSpend

APRIL 5, 2023

Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing. Contract management software: Contract management software can help businesses manage the contract lifecycle, from initial negotiation to contract closeout.

Government 52

Government Government E-procurement Bidding 52

GovSpend

APRIL 5, 2023

Submission of bids: Businesses can submit bids in response to solicitations, outlining their proposed solutions and pricing. Contract management software: Contract management software can help businesses manage the contract lifecycle, from initial negotiation to contract closeout.

Government 52

Government Government E-procurement Bidding 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

The Procurement School

JANUARY 12, 2023

An internal communications plan will also be needed to inform buyers of the existing arrangements they should use. What’s happening industry-wide that may impact the supply chain or pricing? speciality scientific equipment, expert negotiators for high-dollar complicated contracts). legacy computer system support).

Procurement Strategies 52

Procurement Strategies Procurement Strategic Planning Supply Chain 52

ivalua

JUNE 1, 2022

Amrest onboards new vendors at competitively-positioned pricing on a regular and consistent basis. However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects.

Finance 52

Finance Supply Chain Procurement Supplier 52

Procureware

NOVEMBER 16, 2017

Among them are aggregators that bring together buyers and sellers. They host requests for bids and tenders from buyers and allow vendors to submit bids to multiple organizations. If the lead agency that negotiates the contract has more experience than your organization, you can benefit from their expertise.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

ivalua

FEBRUARY 24, 2021

Streamlined Contract Authoring: By starting contracting during sourcing, customers can reduce the cycle time from quote to contract and consider negotiated terms in sourcing decisions. Ivalua streamlines the process of building, quoting, and analyzing supplier proposals. Now, customers can create and iterate on a draft contract during an RFX.

Supply Chain 40

Supply Chain Innovation Supplier Collaboration 40

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

MAY 15, 2019

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer. Machine reading comprehension technologies enable us to do this automatically and much faster.

Data 60

Data Management Contract E-procurement 60

ivalua

MAY 15, 2019

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer. Machine reading comprehension technologies enable us to do this automatically and much faster.

Contract 58

Contract E-procurement Data Management 58

Procureware

FEBRUARY 21, 2018

Q&A management Many buyers dread managing the Q&A process; phone calls are time consuming, aggregating emails is error-prone, and collaborating with internal experts is tedious. The top features to consider are contract authoring, online negotiation tools, digital signatures, spend tracking, and more.

Management 40

Management Bidding Supplier Insurance 40

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.

E-procurement 52

E-procurement Procurement Price Contract 52

The Coalition for Government Procurement

JUNE 6, 2024

Training for Federal Buyers: The bill would also establish requirements for federal contracting personnel to receive specialized training on the acquisition of emerging technology, such as artificial technology. To register for this members-only meeting, click here. Virtual attendance will also be available.

Procurement 52

Procurement Data Strategic Planning Management 52

The Coalition for Government Procurement

NOVEMBER 2, 2023

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 ). Emphasis added.) See Section 2.

Supply Chain 52

Supply Chain Price Contract E-procurement 52

How to Crack a Nut

NOVEMBER 17, 2023

However, as the pervasive abuses of direct awards under the emergency conditions generated by the covid pandemic evidenced in virtually all jurisdictions, dispensing with those requirements, checks and balances comes with a very high price tag for taxpayers in terms of corruption, favouritism, and wastage of public funds.

Public Procurement 105

Public Procurement Procurement Buyers Tender 105