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Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 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.
This training will also take place at Miller & Chevalier Chartered (900 16th St. NW, Washington, D.C. 20006), with virtual attendance available as well.
This training will also take place at Miller & Chevalier Chartered (900 16th St. NW, Washington, D.C. 20006), with virtual attendance available as well.
In addition, procuring agencies are directed to consult with the SBS and PCR if a MAC is not set aside for small business or where less than 30 percent of awardees will be small business. Further, agencies are encouraged to include on-ramps and discouraged from including off-ramps for organic growth in their MACs.
Webinar: VA Covered Drugs Price Updates, October 25 On October 25, Hogan Lovells’ Partners Allison Pugsley and Joy Sturm will be joined by Ted Karnezis of Ted Karnezis Consulting for a webinar on VA Covered Drug Price Updates. This intensive, one-day workshop teaches the basics of the GSA’s MAS Program.
For manufacturers of covered drugs with a Federal Supply Schedule (FSS) contract in place with VA, the pricing update season is fast approaching. NW, Washington, D.C. 20006), but will be offered to both in-person and virtual attendees.
For manufacturers of covered drugs with a Federal Supply Schedule (FSS) contract in place with VA, the pricing update season is fast approaching. NW, Washington, D.C. 20006), but will be offered to both in-person and virtual attendees.
Sonia Pesantes, Managing Principal Consultant, and Sean Nulty, Principal Consultant, will present insights from their experiences with the Information Technology (IT) center at GSA with a focus on fair and reasonable pricingnegotiations. To register for this members-only meeting, click here.
The FAR covers various aspects, including contract formation, administration, pricing, and subcontracting standards, ensuring a standardized approach to federal procurement. Certain modifications may necessitate preliminary pricenegotiations to protect the governments interests.
Healthcare Spotlight: HHS Announces Medicare Part D NegotiatedPrices This week, the Department of Health and Human Services (HHS) released the final drug pricesnegotiated through its Medicare Drug PriceNegotiation Program established under the Inflation Reduction Act of 2022 (IRA).
Per a press release , the group will work to produce a comprehensive report with “guiding principles, forward-looking recommendations and bipartisan policy proposals developed in consultation with committees of jurisdiction.” SIZ-6208 (2023 ); Size Appeal of Odyssey System Consulting Group , Ltd. , SIZ-6258 (2023). [5]
These include: (1) negotiations only with the best suited offeror (i.e., the apparent successful offeror); (2) use of the highest rated offeror best value methodology; and (3) the determination of a fair and reasonable price. From there, the agency may negotiate with one or more of the top ranked offerors. [8]
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